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2011 California Code
Penal Code
PART 3. OF IMPRISONMENT AND THE DEATH PENALTY [2000 - 10007]
CHAPTER 2. Fiscal Provisions
Section 4421


CA Penal Code § 4421 (through 2012 Leg Sess) What's This?

All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 4415 but shall not be available for transfer to the General Fund to pay principal and interest on bonds. The money in the fund may be expended only as herein provided.

(Added by Stats. 1982, Ch. 34, Sec. 1. Approved November 2, 1982, by adoption of Proposition 2.)

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