Code Section

Education Code - EDC

TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]

  ( Title 3 enacted by Stats. 1976, Ch. 1010. )
  

DIVISION 9. UNIVERSITY OF CALIFORNIA [92000 - 93000]

  ( Division 9 enacted by Stats. 1976, Ch. 1010. )
  

PART 57. UNIVERSITY OF CALIFORNIA [92000 - 93000]

  ( Part 57 enacted by Stats. 1976, Ch. 1010. )
  

CHAPTER 5. The University of California Revenue Bond Act of 1947 [92400 - 92571]

  ( Chapter 5 enacted by Stats. 1976, Ch. 1010. )
  

ARTICLE 3. Revenue Bonds [92470 - 92496]
  ( Article 3 enacted by Stats. 1976, Ch. 1010. )

  
92496.  

If the university is able to reduce annual debt service costs by refunding, defeasing, or retiring general obligation bonds or State Public Works Board lease revenue bonds, as described in Section 92493, the university shall annually contribute an equal amount to reduce the existing unfunded liability of the University of California Retirement Plan.

(Added by Stats. 2013, Ch. 50, Sec. 10. (AB 94) Effective July 1, 2013.)