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2016 California Code
Government Code - GOV
TITLE 18 - THE ECONOMIC RECOVERY BOND ACT
CHAPTER 3 - Economic Recovery Fund
Section 99062.

CA Govt Code § 99062 (2016) What's This?

99062. Out of the first money realized from the sale of bonds as provided in this chapter, there shall be redeposited in the General Obligation Bond Expense Revolving Fund, established by Section 16724.5, the amount of all expenditures made for purposes specified in that section, and this money may be used for the same purpose and repaid in the same manner whenever additional bond sales are made.

(Added by Stats. 2003, 5th Ex. Sess., Ch. 2, Sec. 3. Approved March 2, 2004, by adoption of Proposition 57.)

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