Education Code - EDC
TITLE 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Title 1 enacted by Stats. 1976, Ch. 1010. ) DIVISION 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Division 1 enacted by Stats. 1976, Ch. 1010. ) PART 10. SCHOOL BONDS [15100 - 17204]
( Part 10 repealed and added by Stats. 1996, Ch. 277, Sec. 2. ) CHAPTER 1. Bonds of School Districts and Community College Districts [15100 - 15262]
( Chapter 1 added by Stats. 1996, Ch. 277, Sec. 2. ) ARTICLE 8. Method of Bond Payment [15230 - 15235]
( Article 8 added by Stats. 1996, Ch. 277, Sec. 2. ) 15235.
Any money paid into the county treasury of the county and credited to the interest and sinking fund of any district remaining after the payment of all bonds and coupons payable from the fund, or which is in excess of an amount sufficient to pay all unpaid bonds and coupons payable from the fund, shall be transferred to the special reserve fund of the school district, or designated building fund of the community college district upon the order of the auditor, and may be used only for the purpose specified in Section 42840 or in accordance with the California Community Colleges Budget and Accounting Manual and for no other purpose.
(Amended by Stats. 2010, Ch. 89, Sec. 5. (AB 2081) Effective January 1, 2011.)