Health and Safety Code - HSC
DIVISION 106. PERSONAL HEALTH CARE (INCLUDING MATERNAL, CHILD, AND ADOLESCENT) [123100 - 125850]
( Division 106 added by Stats. 1995, Ch. 415, Sec. 8. ) PART 5. HEREDITARY DISEASES/CONGENITAL DEFECTS [124975 - 125292.10]
( Part 5 added by Stats. 1995, Ch. 415, Sec. 8. ) CHAPTER 3. California Stem Cell Research and Cures Bond Act [125290.10 - 125292.10]
( Chapter 3 added November 2, 2004, by initiative Proposition 71, Sec. 5, a bond act. ) ARTICLE 2. California Stem Cell Research and Cures Bond Act of 2004 [125291.10 - 125291.85]
( Article 2 added November 2, 2004, by initiative Proposition 71, Sec. 5. ) 125291.60.
For the purpose of carrying out this article, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts, not to exceed the amount of the unsold bonds that have been authorized by the committee, to be sold for the purpose of carrying out this article, excluding any refunding bonds authorized pursuant to Section 125291.75, less any amount loaned pursuant to Section 125291.65 and not yet repaid, and any amount withdrawn from the General Fund pursuant to this section and not yet returned to the General Fund. Any amount withdrawn shall be deposited in the fund. Any money made available under this section shall be returned to the General Fund, plus an amount equal to the interest that the money would have earned in the Pooled Money Investment Account, from money received
from the sale of bonds for the purpose of carrying out this article.
(Amended November 3, 2020, by initiative Proposition 14, Sec. 20. Effective on December 16, 2020. Note: This section was added on Nov. 2, 2004, by initiative Prop. 71.)