§ 1859.324.2

Cal. Code Regs. tit. 2, § 1859.324.2

Interest Earned on ERP Grants.

Effective Aug 31, 2009Register 2009, No. 36Authority cited: Section 17592.73, Education Code. Reference: Sections 17592.72 and 17592.73, Education Code.State of California

(a) Applied to eligible project costs for the project, as approved by the SAB, and pursuant to Section 1859.323; or
(b) Returned to the State.

All interest earned on ERP Grant funds provided pursuant to Section 1859.324 shall be:

Note: Authority cited: Section 17592.73, Education Code. Reference: Sections 17592.72 and 17592.73, Education Code.

History

1. New section filed 8-31-2009; operative 8-31-2009 pursuant to Government Code section 11343.4 (Register 2009, No. 36).