Section 16950 Of Article 2. Issuance Of Bonds To Finance The Program From California Government Code >> Division 4. >> Title 2. >> Part 3. >> Chapter 8. >> Article 2.
16950
. When proceeds of bonds issued pursuant to this chapter are
used to pay the state's pension obligations to the retirement system
for members whose compensation is paid from a fund other than the
General Fund, the Controller shall, notwithstanding any other
provision of law, transfer quarterly from the special fund or
nongovernmental cost fund to the General Fund an amount equal to the
quarterly pension obligations paid from bond proceeds with respect to
those members, as certified by the Director of Finance and
authorized in any appropriation item or in any category thereof.