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Earlier editions: 2020-112018-112026-09

TITLE 3. POSTSECONDARY EDUCATION 66000-101460›DIVISION 5. GENERAL PROVISIONS 66000-70115.2›PART 42. STUDENT FINANCIAL AID PROGRAM 69400-70115.2›CHAPTER 2. Student Financial Aid Programs 69500-70048›ARTICLE 19. Golden State Scholarshare Trust Act 69980-69994

§ 69991

California Education Code · 2026-10 edition · updated 2026-10-04 · California

The assets of the trust, including the program fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the state. The assets shall not be transferred or used by the State of California for any purposes other than the purposes of the trust.

(Added by Stats. 1997, Ch. 851, Sec. 2. Effective January 1, 1998.)

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California Education Code

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