Statute · California Education Code

Cal. Educ. Code § 90049 — The State University Revenue Bond Act of 1947

Cal. Educ. Code § 90049

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

The board may provide for the security of bonds. The board may use and expend all or any part of any funds or proceeds of any property owned by it, whether received by gift, appropriation or otherwise, if not restricted as to the use of such funds or proceeds of property by the terms of any gift…

Citator

Cal. Educ. Code § 90049 — The State University Revenue Bond Act of 1947 is in force in the current edition of the Code, and nothing recorded condemns it.

The board may provide for the security of bonds. The board may use and expend all or any part of any funds or proceeds of any property owned by it, whether received by gift, appropriation or otherwise, if not restricted as to the use of such funds or proceeds of property by the terms of any gift or trust or provision of law for the redemption of bonds issued pursuant to the provisions of this article and the payment of interest due thereon.