Sts. & Hy. Code, § 8882 · Part 16. SPECIAL SECURITY FUND
Sts. & Hy. Code, § 8882
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Upon receipt of the bond sale proceeds, the amount so provided for the special reserve fund pursuant to Section 8880 shall be transferred to the fund.
The special reserve fund shall be identified by the name of the proceedings under which the bonds are issued and shall constitute a trust fund for the benefit of the bondholders, subject to and to be administered in accordance with the provisions of this part.
Notes and commentary — not statutory text
History
Amended by Stats. 1981, Ch. 378, Sec. 1. Effective September 9, 1981.
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=SHC§ionNum=8882.
- Text hash
- sha256 26f5abe83aeeb76fefffe9a1dfd41a860bbf12eac741bdd90784e0ab29d4b908
- 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
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