§ 13870

Added by Stats. 1975, Ch. 1008. Approved in Proposition 3 at the June 8, 1976, election.

All money repaid to the state pursuant to any contract executed under the provisions of Section 13861 shall be deposited in the General Fund and when so deposited shall be applied as a reimbursement to the General Fund on account of principal and interest on bonds issued pursuant to this chapter which has been paid from the General Fund.

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