Health and Safety Code section 54034

All moneys derived from premiums and accrued interest on bonds sold pursuant to this part shall be transferred to the General Fund as a credit to expenditures for bond interest; provided, however, that amounts derived from premiums may be reserved and used to pay the costs of bond issuance prior to transfer to the General Fund.

Source: Section 54034, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=54034. (accessed May 13, 2025).

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Last Updated

May 12, 2025

§ 54034’s source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_54034

Original Source: Section 54034, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=54034. (last accessed May 12, 2025).