Section 16317 Of Chapter 1. General From California Government Code >> Division 4. >> Title 2. >> Part 2. >> Chapter 1.
16317
. (a) The Controller shall maintain a system of accounts for
each of the funds redesignated by the act enacting this section as
accounts within the Transportation Tax Fund or the State
Transportation Fund which will reflect the equity of each account,
including investments and earnings on investments.
(b) No procedures shall be established to implement the act
enacting this section which would impair the authority to establish
accounting systems, or impair the cash management authority,
possessed by the California Highway Commission and the Department of
Public Works prior to the enactment of this section.