Section 16066 Of Article 1. General Provisions From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 6. >> Article 1.
16066
. Apportionments may be made irrespective of whether there is
on deposit at the time thereof a sufficient amount in the State
School Building Aid Fund to permit the payment of the apportionments.
Disbursements may be made under any apportionment which heretofore
or hereafter becomes final from any funds in the State School
Building Aid Fund without regard to whether there exists at the time
of the disbursement a sufficient amount in the fund to permit the
payment in full of all apportionments previously made. However, no
disbursements shall be made from any funds in the State School
Building Aid Fund required by law to be transferred to the General
Fund, or from any moneys therein which the Controller deems necessary
to satisfy appropriations from the fund for purposes other than
apportionments.