TITLE 7.41. TAHOE CONSERVANCY AGENCY COMPACT 66900-66901›CHAPTER 2. Fiscal Provisions 66952-66966
§ 66964
California Government Code · 2026-09 edition · updated 2026-09-27 · California
All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 66957 but shall not be available for transfer to the General Fund to pay principal and interest on bonds. The money in the fund may be expended only as herein provided.
(Added by Stats. 1982, Ch. 305, Sec. 1. Approved in Proposition 4 at the November 2, 1982, election. Operative January 1, 1983, by Sec. 2 of Ch. 305.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code