Gov. Code, § 16954 · Article 2. Issuance of Bonds to Finance the Program

Gov. Code, § 16954

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

The net proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the Pension Obligation Bond Fund established pursuant to Section 16929.

Notes and commentary — not statutory text

History

Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=16954.
Text hash: sha256 fa0b39a179c52b6a238e1d422894c2cfa7e41d3a3b5042c9b0e9bc61e9501c80
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.