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California Education Code

§ 12035

EDC § 12035Div. 1 · Title 1 · Part 8 · Ch. 1 · Art. 4
The president or the administrative head of each community college and the State Nautical School may establish and administer student loan funds pursuant to the act of Congress known as the “National Defense Education Act of 1958. ” Money allocated for the purpose of establishing a student loan fund at the State Nautical School may be withdrawn from the State Treasury and deposited to the credit of that institution in a trust account in accordance with the provisions of Government Code Sections 16305 to 16305.7 for the purpose of making loans to students in accordance with the federal act.

Legislative history

Enacted by Stats. 1976, Ch. 1010.

Source: California Education Code § 12035 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.