DIVISION 26.5. WATER SECURITY, CLEAN DRINKING WATER, COASTAL AND BEACH PROTECTION ACT OF 2002 79500-79591›CHAPTER 11. Fiscal Provisions 79580-79591
§ 79587
California Water Code · 2018-11 edition · updated 2026-10-04 · California
All money derived from premium and accrued interest on bonds sold shall be reserved and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.
(Added November 5, 2002, by initiative Proposition 50.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code