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( Part 10 repealed and added by Stats. 1996, Ch. 277, Sec. 2.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 8. Urban School Construction Aid Law of 1968 [16700 - 16734]
( Chapter 8 added by Stats. 1996, Ch. 277, Sec. 2. ) ARTICLE 1. General Provisions [16700 - 16734]
( Article 1 added by Stats. 1996, Ch. 277, Sec. 2. ) 16707.
The board shall prescribe instructions specifying the manner in which property, real or personal, being replaced through the apportionment, shall be disposed of, and compliance with the instructions shall be a condition upon the making of the apportionment. The net proceeds derived from the disposition shall be contributed in reduction of any apportionment. Any school district affected shall comply with instructions prescribed by the board. The board may require a district to transfer to the state, by any instruments deemed appropriate by the board, title to the replaced property, whereupon, the board shall dispose of the property in any manner it deems appropriate to insure the highest return to the state, and apply the proceeds therefrom in reduction of apportionments to the district. The district affected shall do all things deemed necessary by the board to implement the disposition.
(Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)