Statute · California Education Code

Cal. Educ. Code § 17457 — Sale or Lease of Real Property

Cal. Educ. Code § 17457

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

Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from…

Citator

Cal. Educ. Code § 17457 — Sale or Lease of Real Property is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from payments under the sale back or leaseback agreement shall be used for general operating purposes of the school district.