Statute · California Education Code

Cal. Educ. Code § 101060 — University Fiscal Provisions

Cal. Educ. Code § 101060

Type
Statute
Source
California Education Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitations…

Citator

Cal. Educ. Code § 101060 — University Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.