California Public Utilities Code

§ 3370

PUC § 3370 Effective Aug 13, 2001Div. 1.5 · Ch. 4

Statute text

(a)There is hereby created in the State Treasury the California Consumer Power and Conservation Financing Authority Fund for expenditure by the authority for the purpose of implementing the objectives and provisions of this division. For the purposes of subdivision (e), or as necessary or convenient to the accomplishment of any other purpose of the authority, the authority may establish within the fund additional and separate accounts and subaccounts.

(b)The assets of the fund shall be available for the payment of the salaries and other expenses charged against it in accordance with this division.

(c)Except as provided under Section 3345, all moneys in the fund that are not General Fund moneys are continuously appropriated to the authority and may be used for any reasonable costs which may be incurred by the authority in the exercise of its powers under this division.

…

Legislative history

Added by Stats. 2001, 1st Ex. Sess., Ch. 10, Sec. 1. Effective August 13, 2001.