California Government Code

§ 16965

GOV § 16965 Effective Jun 27, 2013Div. 4 · Title 2 · Part 3 · Ch. 9

Statute text

(a)(1) The Transportation Debt Service Fund is hereby created in the State Treasury. Moneys in the fund shall be dedicated to all of the following purposes:

(A)Payment of debt service with respect to designated bonds, as defined in subdivision (c) of Section 16773, and as further provided in paragraph (3) and subdivision (b).

(B)To reimburse the General Fund for debt service with respect to bonds.

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Legislative history

Amended by Stats. 2013, Ch. 35, Sec. 4. (SB 85) Effective June 27, 2013.