A sum of money or other resources segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations and consisting of an independent fiscal and accounting entity. (National Committee on Governmental Accounting).

Note: Authority cited for Subchapter 1: Sections 30200, Government Code.

History

1. New subchapter (Sections 910-916, 920-924, 934-936 and 946-949) filed 7-13-60; designated effective 7-1-61 (Register 60, No. 16).