Cal. VEH § 42272
This is the official text of Cal. VEH § 42272, part of California’s Vehicle Code — governs traffic laws, driver's licenses, and vehicle registration.
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Official statutory text
For the 2012–13 fiscal year, upon order of the Director of Finance, the Controller shall transfer four hundred thirty-two million two hundred thousand dollars ($432,200,000) from the Motor Vehicle Account to the General Fund as a loan, provided that the loan shall be repaid. The Director of Finance shall order the repayment by the Controller of that four hundred thirty-two million two hundred thousand dollars ($432,200,000) to the Motor Vehicle Account no later than June 30, 2016.
Status: in_force · Read it on the official government site
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