Statute · California Education Code
Cal. Educ. Code § 35579 — Bonded Indebtedness of School Districts
Cal. Educ. Code § 35579
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2017-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any unsold bonds of an elementary, high, or unified school district that is included as a whole in a new or acquiring district through any kind of reorganization, if issued by the board of supervisors in the names of the former districts shall be considered a liability of the new or acquiring…
Citator
Cal. Educ. Code § 35579 — Bonded Indebtedness of School Districts is in force in the current edition of the Code, and nothing recorded condemns it.
Any unsold bonds of an elementary, high, or unified school district that is included as a whole in a new or acquiring district through any kind of reorganization, if issued by the board of supervisors in the names of the former districts shall be considered a liability of the new or acquiring district for purposes of computing the bonding capacity of the school district when applying the State School Building Aid Law of 1952 (Chapter 6 (commencing with Section 16000) of Part 10 of Division 1 of Title 1).