California Health and Safety Code 53531 – All money deposited in the fund that is derived from premiums and …
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All money deposited in the fund that is derived from premiums and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.
(Added by Stats. 2002, Ch. 26, Sec. 8. Approved in Proposition 46 at the November 5, 2002, election.)
Terms Used In California Health and Safety Code 53531
- Fund: means the Housing and Emergency Shelter Trust Fund created pursuant to Section 53520. See California Health and Safety Code 53501