Statute · California Education Code

Cal. Educ. Code § 94142 — Powers and Duties; Notes and Bonds

Cal. Educ. Code § 94142

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

The authority shall establish financial eligibility standards by studying the creditworthiness and earning capacity of each project together with the amount of pledged revenues, debt service coverage, and basic security, in addition to establishing machinery to monitor the ongoing compliance of…

Citator

Cal. Educ. Code § 94142 — Powers and Duties; Notes and Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The authority shall establish financial eligibility standards by studying the creditworthiness and earning capacity of each project together with the amount of pledged revenues, debt service coverage, and basic security, in addition to establishing machinery to monitor the ongoing compliance of each project with state authority and bond indenture requirements.