Government Code section 15819.402

For all projects authorized by this chapter, the board may borrow funds for project costs, including studies, design, construction, and construction-related costs from the Pooled Money Investment Account pursuant to Section 16312 and 16313. Except for preliminary expenditures to develop the scope, budget, programming, and scheduling for a project, project funds expended prior to project approval by the board shall not be reimbursable from the proceeds of the bonds.

Source: Section 15819.402, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=15819.­402.­ (updated Jun. 27, 2012; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 15819.402's source at ca​.gov