Statute · California Education Code

Cal. Educ. Code § 90078 — The State University Revenue Bond Act of 1947

Cal. Educ. Code § 90078

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

After all of the notes and revenue bonds shall have been fully paid and discharged, or provision for their payment and discharge irrevocably made, any surplus moneys in the California State University Dormitory Construction Fund shall, subject to the limitations and restrictions in any…

Citator

Cal. Educ. Code § 90078 — The State University Revenue Bond Act of 1947 is in force in the current edition of the Code, and nothing recorded condemns it.

After all of the notes and revenue bonds shall have been fully paid and discharged, or provision for their payment and discharge irrevocably made, any surplus moneys in the California State University Dormitory Construction Fund shall, subject to the limitations and restrictions in any resolution authorizing the issuance of the notes or in any indenture providing for the issuance of the revenue bonds, remain available for the acquisition of sites for, and for the construction, equipping and furnishing of, buildings for the California State University.