California Government Code

§ 17253

GOV § 17253 Effective Jul 28, 2009Div. 4 · Title 2 · Part 4 · Ch. 2 · Art. 3

Statute text

The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest on the registered reimbursement warrants.

Legislative history

Amended by Stats. 2009, Ch. 23, Sec. 9. Effective July 28, 2009.