Statute · California Education Code

Cal. Educ. Code § 67329.9 — Administrative Costs

Cal. Educ. Code § 67329.9

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2022-09-27
Current through
Nov 2, 2026 (California Legislative Counsel)

Each authority may charge against the fund its administrative costs, which shall not exceed 3 percent of the authority’s respective allocation amount or proportion of the fund, as the fund may be augmented by revenue bonds over time.

Citator

Cal. Educ. Code § 67329.9 — Administrative Costs is in force in the current edition of the Code, and nothing recorded condemns it.

Each authority may charge against the fund its administrative costs, which shall not exceed 3 percent of the authority’s respective allocation amount or proportion of the fund, as the fund may be augmented by revenue bonds over time.