Statute · California Education Code
Cal. Educ. Code § 17198 — California School Finance Authority
Cal. Educ. Code § 17198
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1997-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any net earnings of the authority beyond that necessary for the retirement of any obligations issued by the authority, or to implement the purposes of this chapter, may inure only to the benefit of the State of California or the authority.
Citator
Cal. Educ. Code § 17198 — California School Finance Authority is in force in the current edition of the Code, and nothing recorded condemns it.
Any net earnings of the authority beyond that necessary for the retirement of any obligations issued by the authority, or to implement the purposes of this chapter, may inure only to the benefit of the State of California or the authority.