Military and Veterans Code section 488.1


The interest on bond anticipation notes shall be payable from the same funds from which the interest on revenue bonds is payable. The principal of such notes shall be payable from the proceeds of sale of revenue bonds, provided that the department shall not be precluded from paying such principal from any other moneys lawfully available therefor.

Source: Section 488.1, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=MVC§ionNum=488.­1.­ (updated Jan. 1, 1978; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 488.1's source at ca​.gov