California Education Code 67358.9 – Notwithstanding Section 13340 of the Government Code, there is hereby …
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Notwithstanding § 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following:
(a) The sum annually necessary to pay the principal of, and interest on, bonds issued and sold pursuant to this chapter, as the principal and interest become due and payable.
Terms Used In California Education Code 67358.9
- Fund: means the 1992 Higher Education Capital Outlay Bond Fund created pursuant to Section 67358. See California Education Code 67358.2
(b) The sum necessary to carry out the provisions of Section 67359, appropriated without regard to fiscal years.
(Added by Stats. 1992, Ch. 13, Sec. 1. Approved in Proposition 153 at the June 2, 1992, election.)