California CodesCalifornia Constitution - CONSArticle XIII B — Government Spending LimitationSection 5.5
Prudent State Reserve. The Legislature shall establish a prudent state reserve fund in such amount as it shall deem reasonable and necessary. Contributions to, and withdrawals from, the fund shall be subject to the provisions of Section 5 of this Article.
Notes
Requires the Legislature to establish a prudent state reserve fund in an amount it considers reasonable and necessary. Subjects every contribution to and withdrawal from that reserve to all stated requirements of the expressly referenced provision governing those fund transactions.
Use as reference
Lexinter.net | Cal. Const. art. XIII B, § 5.5 | https://laws.lexinter.net/constitution/california/article-xiii-b/section-5-5