Section 19259 Of Article 5. Voting Modernization Bond Act Of 2002 (shelley-hertzberg Act) From California Elections Code >> Division 19. >> Chapter 3. >> Article 5.
19259
. For purposes of this article, the Director of Finance may,
by executive order, authorize the withdrawal from the General Fund of
a sum of money not to exceed the amount of the unsold bonds that
have been authorized by the committee to be sold pursuant to this
article. Any sums withdrawn shall be deposited in the fund. All
moneys made available under this section to the board shall be
returned by the board to the General Fund, plus the interest that the
amounts would have earned in the Pooled Money Investment Account,
from the sale of bonds for the purpose of carrying out this article.