California CodesCalifornia Constitution - CONSArticle XIX C — Enforcement of Certain ProvisionsSection 3
Interest calculated at the Pooled Money Investment Fund rate from the date or dates the revenues were unlawfully taken or diverted shall accrue to the amounts required to be restored pursuant to this section. Within 30 days from the date a challenge is successful, the Controller shall make the transfer required by the continuous appropriation and issue a notice to the parties that the transfer has been completed.
Notes
Requires unlawfully taken or diverted revenues to accrue interest at the Pooled Money Investment Fund rate from each diversion date until restoration. Requires the Controller, within 30 days after a successful challenge, to make the continuously appropriated transfer and notify the parties that restoration is complete.
Use as reference
Lexinter.net | Cal. Const. art. XIX C, § 3 | https://laws.lexinter.net/constitution/california/article-xix-c/section-3