California Public Utilities Code

§ 3285

PUC § 3285 Effective Jul 12, 2019Div. 1 · Part 6 · Ch. 2

Statute text

(a)The fund shall be initially capitalized by a loan from the state’s Surplus Money Investment Fund pursuant to Section 3288.

(b)Proceeds of any bonds issued as provided in Division 28 (commencing with Section 80500) of the Water Code shall be used as provided in Section 80550 of the Water Code. Any proceeds from the bonds allocated to the fund shall be deposited into a segregated account within the fund.

(c)All of the following shall be deposited into the fund:

…

Legislative history

Added by Stats. 2019, Ch. 79, Sec. 16. (AB 1054) Effective July 12, 2019.