Section 11270.1 Of Article 2. General Administrative Costs From California Government Code >> Division 3. >> Title 2. >> Part 1. >> Chapter 3. >> Article 2.
11270.1
. (a) The Central Service Cost Recovery Fund is hereby
created in the State Treasury. The Central Service Cost Recovery Fund
shall consist of those amounts transferred in accordance with
Section 11274, and any interest earnings. Money in the Central
Service Cost Recovery Fund shall be appropriated for the
administration of the state government, as determined or redetermined
by the Director of Finance in accordance with this article and
Sections 13332.02 and 13332.03.
(b) Unless otherwise authorized by law, moneys in the Central
Service Cost Recovery Fund, to the extent not currently required to
fund any appropriation, shall not be used, loaned, borrowed,
assessed, allocated, or transferred unless approved by the Director
of Finance, except for cashflow borrowing by the General Fund
pursuant to Section 16310. The Controller shall transfer the
unexpended balance of those moneys in the Central Service Cost
Recovery Fund to the General Fund as determined or redetermined by
the Director of Finance.