California Government Code ARTICLE 6 - Warrant Payment Fund

  • Section 17296.
    It is the intent of the Legislature, in enacting this article, to provide assurances to the persons who invest in the state’s registered reimbursement warrants...
  • Section 17296.1.
    (a) The Warrant Payment Fund is hereby created in the State Treasury for the purpose of setting aside unapplied moneys in the General Fund for the...
  • Section 17296.2.
    The Controller shall transfer from unapplied moneys in the General Fund to the Warrant Payment Fund the total amount of four billion dollars ($4,000,000,000) plus...
  • Section 17296.3.
    The Controller shall transfer funds from the Warrant Payment Fund to the General Fund to pay and redeem registered reimbursement warrants at maturity.(Added by Stats....
  • Section 17296.4.
    Moneys in the Warrant Payment Fund shall be available for transfer to the General Fund pursuant to Section 16310.(Added by Stats. 1994, Ch. 136, Sec....
  • Section 17296.5.
    Unless registered reimbursement warrants remain outstanding, this article shall be in effect only until July 1, 1996, and as of that date is repealed. If...

Last modified: October 22, 2018