Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 5. GENERAL PROVISIONS [66000 - 70115.2]
( Division 5 enacted by Stats. 1976, Ch. 1010. ) PART 42. STUDENT FINANCIAL AID PROGRAM [69400 - 70115.2]
( Part 42 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 2. Student Financial Aid Programs [69500 - 70048]
( Chapter 2 enacted by Stats. 1976, Ch. 1010. ) ARTICLE 19. Golden State Scholarshare Trust Act [69980 - 69994]
( Article 19 added by Stats. 1997, Ch. 851, Sec. 2. ) 69991.
The assets of the trust, including the program fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the state. The assets shall not be transferred or used by the State of California for any purposes other than the purposes of the trust.
(Added by Stats. 1997, Ch. 851, Sec. 2. Effective January 1, 1998.)