Public Resources Code section 26042


It is the intent of the Legislature that any loss of revenue to the General Fund occasioned by the purchase of bonds issued by the authority shall be restored to the General Fund from revenues, moneys, and remittances received by the State Lands Commission and allocated pursuant to Section 6217.

Source: Section 26042, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PRC§ionNum=26042.­ (updated Jan. 1, 1980; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 26042's source at ca​.gov