Statute · California Education Code

Cal. Educ. Code § 92496 — Revenue Bonds

Cal. Educ. Code § 92496

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2013-07-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If the university is able to reduce annual debt service costs by refunding, defeasing, or retiring general obligation bonds or State Public Works Board lease revenue bonds, as described in Section 92493, the university shall annually contribute an equal amount to reduce the existing unfunded…

Citator

Cal. Educ. Code § 92496 — Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

If the university is able to reduce annual debt service costs by refunding, defeasing, or retiring general obligation bonds or State Public Works Board lease revenue bonds, as described in Section 92493, the university shall annually contribute an equal amount to reduce the existing unfunded liability of the University of California Retirement Plan.