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SAM - Chapter 8200

8284.2     CONDEMNATION DEPOSITS FUND 
(Revised 6/04)

Interest on investments of the Condemnation Deposits Fund is apportioned quarterly by the SCO (GC Section 16429).

Agencies that have deposited moneys in the Condemnation Deposits Fund will account for interest revenue transferred from that fund in the same manner as described in SAM Section 8284.1 for surplus money investments.

 

Updated : 6/7/2007