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Legal Resources | Education Code |  EC  100950  

Higher Education Facilities; Higher Education Fiscal Provisions   

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All money deposited in the 2004 Higher Education Capital Outlay Bond Fund that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

(Added by Stats. 2004, Prop 55, Sec. 31.)