Government Code section 17253


The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest on the registered reimbursement warrants.

Source: Section 17253, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=17253.­ (updated Jul. 28, 2009; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 17253's source at ca​.gov