California Health and Safety Code 53558 – 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 pursuant to this chapter shall be transferred to the General Fund as a credit to expenditures for bond interest.
(Added by Stats. 2006, Ch. 27, Sec. 2. Approved in Proposition 1C at the November 7, 2006, election.)
Terms Used In California Health and Safety Code 53558
- Fund: means the Housing and Emergency Shelter Trust Fund created pursuant to Section 53545. See California Health and Safety Code 53541