California Legal Codes and Statutes

§ 8878.116

Added by Stats. 1990, Ch. 23, Sec. 2. Approved in Proposition 122 at the June 5, 1990, election.

All moneys derived from premium and accrued interest on bonds sold shall be reserved and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

Cite this section

Cal. Gov. Code § 8878.116 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-1-general/chapter-12-47-earthquake-safety-and-public-buildings-rehabilitation-bond-act-of-1990/article-5-fiscal-provisions/section-8878.116

Other sections in Article 5 - Fiscal Provisions

§ 8878.109§ 8878.110§ 8878.111§ 8878.112§ 8878.113§ 8878.114§ 8878.115§ 8878.116§ 8878.117§ 8878.118§ 8878.119§ 8878.120§ 8878.121§ 8878.122

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 15, 2026.