Section 92102 Of Article 1. Withdrawal From The State Treasury From California Education Code >> Division 9. >> Title 3. >> Part 57. >> Chapter 2. >> Article 1.
92102
. Notwithstanding any other provision of law, the portion of
each sum of money which has been or is appropriated or allocated to
the Regents of the University of California for capital outlay which
remains after the purpose for which each sum was appropriated or
allocated has been accomplished, and which has been or is withdrawn
from the State Treasury by the Regents of the University of
California pursuant to the provisions of Section 92100, together with
increments, by way of interest or otherwise, on the appropriation or
allocation, shall be used and expended by the Regents of the
University of California in executing and furthering the building and
improvement program of the University of California.
These sums shall not be allocated by the Regents of the University
of California to projects for the purpose of augmenting a project
without prior approval of the State Public Works Board of the
requested augmentation.
Each sum shall be available for expenditure in payment of any
encumbrances incurred without regard to fiscal years. However, any
unencumbered balances existing as of the date on which each
appropriation or allocation otherwise would lapse shall then revert
to the General Fund.