Cal. Gov. Code § 17280

Current through the 2023 Legislative Session.
Section 17280 - Prior lien of warrants registered for payment of principal and interest on state bonds

If at any time it is necessary to register warrants for the payment of principal and interest on State bonds, warrants so registered have a prior lien in the order of their issuance on any money thereafter received into the General Fund, and shall be paid before any other warrants regardless of the prior issuance of the latter.

Ca. Gov. Code § 17280

Added by Stats. 1945, Ch. 120.