California Legal Codes and Statutes

§ 90120

Added by Stats. 2024, Ch. 83, Sec. 2. (SB 867) Approved in Proposition 4 at the November 5, 2024, election. Effective November 6, 2024.

It is the intent of the Legislature that bond moneys shall not be used for shareholder incentives or profits for shareholders of private corporations.

Cite this section

Cal. Pub. Res. Code § 90120 (2026)
https://ca.codecond.com/codes/prc/division-50-safe-drinking-water-wildfire-prevention-drought-preparedness-and-clean-air-bond-act-of-2024/chapter-1-general-provisions/section-90120

Other sections in Chapter 1 - General Provisions

§ 90000§ 90050§ 90100§ 90105§ 90107§ 90110§ 90115§ 90120§ 90130§ 90133§ 90135§ 90140§ 90150§ 90500§ 90600§ 90610§ 90620

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 9, 2026.