Statute · California Education Code
Cal. Educ. Code § 17199.15 — California School Finance Authority
Cal. Educ. Code § 17199.15
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2020-09-18
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding any other law, if any bonds that were issued for purposes of borrowing pursuant to paragraph (3) of subdivision (a) of Section 17199.1 to fund several financings of working capital for several participating parties under a single resolution remain outstanding, each participating…
Citator
Cal. Educ. Code § 17199.15 — California School Finance Authority is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other law, if any bonds that were issued for purposes of borrowing pursuant to paragraph (3) of subdivision (a) of Section 17199.1 to fund several financings of working capital for several participating parties under a single resolution remain outstanding, each participating party for which those bonds were issued is ineligible to be a debtor in a case under Chapter 9 of the United States Bankruptcy Code (Chapter 9 (commencing with Section 901) of Title 11 of the United States Code), as that chapter may be amended from time to time, and no governmental officer or organization is or may be empowered to authorize a participating party to be a debtor under that chapter.