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2017 California Code
Streets and Highways Code - SHC
DIVISION 3 - APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS
CHAPTER 17 - Passenger Rail and Clean Air Bond Act of 1990
ARTICLE 3 - Fiscal Provisions
Section 2701.15.
Universal Citation: CA St & Hwy Code § 2701.15 (2017)
2701.15.
Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount equal to that sum annually necessary to pay the principal of, and interest on, bonds issued and sold pursuant to this chapter, as the principal and interest become due and payable.
(Added by Stats. 1989, Ch. 108, Sec. 2. Approved in Proposition 108 at the June 5, 1990, election.)
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