§ 16726
64 words·~1 min read·
/ca/government-code/16726A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon request of the board stating that the purposes for which the bonds were issued and sold has been effected, the committee shall certify this fact to the State Controller, and thereupon the unencumbered balance of cash remaining from the proceeds of the sale of the bonds in the fund shall, on order of the State Controller, be transferred therefrom to the General Fund.