Government Code section 16424

The Surplus Personal Property Revolving Fund in the State Treasury, created by Section 10383.5 of the Public Contract Code, is abolished. On January 1, 1989, the Controller shall transfer the assets, liabilities, and surplus in that fund to the Service Revolving Fund. Any reference in state law to the “Surplus Personal Property Revolving Fund” shall mean the Service Revolving Fund.

Source: Section 16424, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16424. (accessed May 26, 2025).

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Last Updated

May 12, 2025

§ 16424’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16424

Original Source: Section 16424, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16424. (last accessed May 12, 2025).