Section 17253 Of Article 3. Reimbursement And Refunding Warrants From California Government Code >> Division 4. >> Title 2. >> Part 4. >> Chapter 2. >> Article 3.

. The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest on the registered reimbursement warrants.