California Health and Safety Code ARTICLE 2 - Capital Outlays

• Section 32221.
  The board of directors may establish a fund for capital outlays; provided, that no part of said fund shall be used for acquisition of additional...
• Section 32222.
  At any time after the creation of a capital outlay fund, the board of directors may transfer to such fund any unencumbered surplus funds remaining...
• Section 32223.
  Whenever a capital outlay fund is established, it shall be used only for such purposes, except the board of directors may, by a four-fifths vote...

Last modified: October 22, 2018