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DIVISION 3. APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS 2004.5-2704.78›CHAPTER 20. Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century 2704-2704.21›ARTICLE 3. Fiscal Provisions 2704.10-2704.21

§ 2704.18

California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California

All money deposited in the fund which is derived from premium on bonds sold shall be available to pay costs of issuing the bonds, and to the extent not so needed, together with accrued interest derived from sale of the bonds, shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

(Added by Stats. 2008, Ch. 267, Sec. 9. Approved in Proposition 1A at the November 4, 2008, election.)

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California Streets and Highways Code

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