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HomeGovernment CodeDiv. 4Pt. 2Ch. 2Art. 5§ 16401 Revolving Fund Use Limitations

§ 16401 Revolving Fund Use Limitations

Government Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 16401 Revolving Fund Use Limitations

Key Takeaways

  • •This money can only be used for certain things like paying workers, travel costs, or quick payments when needed.
  • •You can't use this money for anything else, even if it seems important.
  • •The rules about how to use this money were updated in 1994.

Example

A school wants to use this money to buy new computers.

They can't do that. This money is only for paying teachers, covering trips for school events, or quick fixes like broken pipes.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 16401 Revolving Fund Use Limitations

Any revolving fund drawn under the provisions of Section 16400 may only be used in accordance with law for payment of compensation earned, traveling expenses, traveling expense advances, or where immediate payment is otherwise necessary. (Amended by Stats. 1994, Ch. 726, Sec. 18. Effective September 22, 1994.)

Last verified: January 22, 2026

Key Terms

revolving fundcompensation earnedtraveling expensestraveling expense advancesimmediate payment

Related Statutes

  • § 16400 State Agency Revolving Funds
  • § 16401.5 Lottery Prize Payment Rules
  • § 16402 Revolving Fund Repayment Rules
  • § 16403 Revolving Fund Accountability Rules
  • § 16404.5 Confidential Prison Fund Withdrawals

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Government Code. Section 16401.
View Official Source