California Health and Safety Code 125291.25 – The proceeds of interim debt and bonds issued and sold pursuant to …
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The proceeds of interim debt and bonds issued and sold pursuant to this article shall be deposited in the State Treasury to the credit of the California Stem Cell Research and Cures Fund, which is hereby created in the State Treasury, except to the extent that proceeds of the issuance of bonds are used directly to repay interim debt.
(Added November 2, 2004, by initiative Proposition 71, Sec. 5.)
Terms Used In California Health and Safety Code 125291.25
- Fund: means the California Stem Cell Research and Cures Fund created pursuant to Section 125291. See California Health and Safety Code 125291.15
- Interim debt: means any interim loans pursuant to Sections 125291. See California Health and Safety Code 125291.15
- State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23