Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 14. MISCELLANEOUS [99000 - 101460]
( Division 14 enacted by Stats. 1976, Ch. 1010. ) PART 70. KINDERGARTEN THROUGH COMMUNITY COLLEGE PUBLIC EDUCATION FACILITIES BOND ACT OF 2016 [101110 - 101149.5]
( Part 70 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) CHAPTER 2. Kindergarten Through 12th Grade [101120 - 101141]
( Chapter 2 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) ARTICLE 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions [101130 - 101141]
( Article 2 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) 101130.
(a) Of the total amount of bonds authorized to be issued and sold pursuant to Chapter 1 (commencing with Section 101110), bonds in the amount of seven billion dollars ($7,000,000,000) not including the amount of any refunding bonds issued in accordance with Section 101140, or so much thereof as is necessary, may be issued and sold to provide a fund to be used for carrying out the
purposes expressed in this chapter and to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code.
(b) Pursuant to this section, the Treasurer shall sell the bonds authorized by the State School Building Finance Committee established pursuant to Section 15909 at any different times necessary to service expenditures required by the apportionments.
(Added November 8, 2016, by initiative Proposition 51, Sec. 3.)