Statute · California Education Code

Cal. Educ. Code § 17164 — The Archie-Hudson and Cunneen School Technology Revenue Bond Act

Cal. Educ. Code § 17164

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Nothing contained in this chapter shall be deemed or construed to create or constitute a debt, liability, or a loan or pledge of the credit of the state.

Citator

Cal. Educ. Code § 17164 — The Archie-Hudson and Cunneen School Technology Revenue Bond Act is in force in the current edition of the Code, and nothing recorded condemns it.

Nothing contained in this chapter shall be deemed or construed to create or constitute a debt, liability, or a loan or pledge of the credit of the state.

Notwithstanding any other provision of law, should lottery funds pledged to repay bonds issued pursuant to this act be insufficient to repay the revenue bonds, negotiable notes, or negotiable bond anticipation notes sold to finance projects and related interest and expenses, moneys in the General Fund shall not be available as an alternative source of repayment.