Statute · California Education Code

Cal. Educ. Code § 17462.7 — Sale or Lease of Real Property

Cal. Educ. Code § 17462.7

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2004-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The board shall reduce an apportionment of hardship assistance awarded to a school district pursuant to Article 8 (commencing with Section 17075.10) by an amount equal to the amount of any proceeds from the sale of surplus property used for a one-time expenditure of the school district pursuant…

Citator

Cal. Educ. Code § 17462.7 — Sale or Lease of Real Property is in force in the current edition of the Code, and nothing recorded condemns it.

The board shall reduce an apportionment of hardship assistance awarded to a school district pursuant to Article 8 (commencing with Section 17075.10) by an amount equal to the amount of any proceeds from the sale of surplus property used for a one-time expenditure of the school district pursuant to Section 17462.5 for five years following the expenditure.