Statute · California Education Code
Cal. Educ. Code § 101423 — Kindergarten Through Grade 12 School Facilities Fiscal Provisions
Cal. Educ. Code § 101423
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Upon request of the State Allocation Board, the State School Building Finance Committee shall determine by resolution whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to fund the related apportionments and, if so, the amount of bonds to…
Citator
Cal. Educ. Code § 101423 — Kindergarten Through Grade 12 School Facilities Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Upon request of the State Allocation Board, the State School Building Finance Committee shall determine by resolution whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to fund the related apportionments and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to fund those apportionments progressively, and it is not necessary that all of the bonds authorized to be issued be sold at any one time.
(b) A request of the State Allocation Board pursuant to subdivision (a) shall be supported by a statement of the apportionments made and to be made for the purposes described in Section 101412.