California Legal Codes and Statutes

§ 101139

All money deposited in the 2016 State School Facilities 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, except that amounts derived from premium may be reserved and used to pay the cost of the bond issuance prior to any transfer to the General

Fund.

Cite this section

Cal. Educ. Code § 101139 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-14-miscellaneous/part-70-kindergarten-through-community-college-public-education-facilities-bond-act-of-2016/chapter-2-kindergarten-through-12th-grade/article-2-kindergarten-through-12th-grade-school-facilities-fiscal-provisions/section-101139

Other sections in Article 2 - Kindergarten Through 12th Grade School Facilities Fiscal Provisions

§ 101130§ 101131§ 101132§ 101133§ 101134§ 101135§ 101136§ 101137§ 101138§ 101139§ 101140§ 101141

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.