All money 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.
(Added June 7, 1988, by initiative Proposition 70.)
Pub. Res. Code § 5937, under Fiscal Provisions.
Pub. Res. Code § 5937
All money 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.
(Added June 7, 1988, by initiative Proposition 70.)