CONDEMNATION DEPOSITS FUND - 8284.2-APR-2016

(Revised: 04/2016)

(Deleted 10/2020 and content added to 8284)

Interest on investments of the Condemnation Deposits Fund is apportioned quarterly by the SCO pursuant to GC section 16429.

Departments that have money deposited 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, Surplus Money Investment Fund.