Section 12002 Of Article 1. Allocation Of Federal Funds And Federal Tax Credit Bond Volume Cap From California Education Code >> Division 1. >> Title 1. >> Part 8. >> Chapter 1. >> Article 1.

. There is hereby created in the State Treasury the Auxiliary State School Fund. Any funds received under act of Congress as federal aid to education, and not required by such act or any law of this state to be otherwise deposited, may be deposited in the Auxiliary State School Fund.