Statute · California Education Code
Cal. Educ. Code § 15108 — Purposes for Authorizing Bonds
Cal. Educ. Code § 15108
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2008-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For the purpose of determining the limitation of indebtedness of a school district, community college district, or school facilities improvement district of any kind or class under Section 15102 or 15106, that portion of the bonded indebtedness of the district for which another district or…
Citator
Cal. Educ. Code § 15108 — Purposes for Authorizing Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
For the purpose of determining the limitation of indebtedness of a school district, community college district, or school facilities improvement district of any kind or class under Section 15102 or 15106, that portion of the bonded indebtedness of the district for which another district or territory in another district is liable shall be excluded and shall not be deemed to constitute outstanding bonded indebtedness of the district.