Statute · California Education Code
Cal. Educ. Code § 81938 — Community College Revenue Bond Act of 1961
Cal. Educ. Code § 81938
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1982-06-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All costs and expenses incident to the issuance and sale of bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction, or completion of…
Citator
Cal. Educ. Code § 81938 — Community College Revenue Bond Act of 1961 is in force in the current edition of the Code, and nothing recorded condemns it.
All costs and expenses incident to the issuance and sale of bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction, or completion of which the bonds have been issued, and for a period of not to exceed two years thereafter as provided for in the indenture.