California Public Resources Code 5937 – All money derived from premium and accrued interest on bonds sold …
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All money derived from premium and accrued interest on bonds sold shall be reserved and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.
(Added June 7, 1988, by initiative Proposition 70.)
Terms Used In California Public Resources Code 5937
- Fund: means the California Wildlife, Coastal, and Park Land Conservation Fund of 1988 created pursuant to Section 5906. See California Public Resources Code 5902