Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000 - 95010]
( Division 10 enacted by Stats. 1976, Ch. 1010. ) PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000 - 95010]
( Part 59 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 2. California Educational Facilities Authority Act [94100 - 94213]
( Chapter 2 enacted by Stats. 1976, Ch. 1010. ) ARTICLE 7. Construction of Facilities [94190 - 94195]
( Article 7 enacted by Stats. 1976, Ch. 1010. ) 94194.
(a) Whenever the authority under Section 94190 undertakes to construct, acquire, or otherwise provide a project and to lease the same to a private college or university applicant the lessee shall be responsible for the direct operation and maintenance costs of such project and, in addition, shall be responsible for the overall supervision of each project, for the overhead and general
administrative costs of the lessee which are incurred because of such project and for the integration of each project operation into the lessee’s educational program.
(b) Whenever the authority under Section 94191 makes loans for the construction of a project, the private college or university applicant at which such project is located shall be responsible for the direct operation and maintenance costs of such project and, in addition, shall be responsible for the overall supervision of each project, for the overhead and general administrative costs of the private college or university applicant which are incurred because of such project and for the integration of each project operation into the institution’s educational
program.
(Amended by Stats. 2022, Ch. 572, Sec. 29. (AB 190) Effective September 27, 2022.)