§ 48003

Amended by Stats. 2003, Ch. 742, Sec. 8. Effective January 1, 2004.

The state board may not spend more than1/2percent of the total revenues deposited, or anticipated to be deposited, in the account during a fiscal year for the administration of this chapter during that fiscal year.

Other sections in Article 2 - Management of the Fund

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.