California Public Resources Code 5096.263 – As used in this chapter, and for the purposes of the State General …
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As used in this chapter, and for the purposes of the State General Obligation Bond Law, “state grant” or “state grant moneys” means moneys received by the state from the sale of bonds authorized by this chapter which are available for grants to counties, cities, districts, local public agencies, and nonprofit organizations.
(Added by Stats. 1984, Ch. 5, Sec. 1. Approved in Proposition 18 at the June 5, 1984, election.)
Terms Used In California Public Resources Code 5096.263
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.