Cal. EDC § 35314
This is the official text of Cal. EDC § 35314, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
Money in the fund shall be deposited in a bank or other institution whose accounts are federally insured, and any money so deposited shall be in an account or accounts fully covered by that insurance.
The committee shall establish and maintain procedures to identify clearly all money in the fund and its separate and distinct impressed trusts, if any, and from whom and to whom the money was received and disbursed.
The committee shall establish and maintain procedures to identify clearly all money in the fund and its separate and distinct impressed trusts, if any, and from whom and to whom the money was received and disbursed.
Status: in_force · Read it on the official government site
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