§ 42272

Added by Stats. 2012, Ch. 22, Sec. 8. (AB 1465) Effective June 27, 2012.

For the 2012–13 fiscal year, upon order of the Director of Finance, the Controller shall transfer four hundred thirty-two million two hundred thousand dollars ($432,200,000) from the Motor Vehicle Account to the General Fund as a loan, provided that the loan shall be repaid. The Director of Finance shall order the repayment by the Controller of that four hundred thirty-two million two hundred thousand dollars ($432,200,000) to the Motor Vehicle Account no later than June 30, 2016.

Other sections in Chapter 3 - Motor Vehicle Account

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