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California Education Code

§ 15108

EDC § 15108 Effective Jan 1, 2008Div. 1 · Title 1 · Part 10 · Ch. 1 · Art. 1

Statute text

View on leginfo.ca.gov
For the purpose of determining the limitation of indebtedness of a school district, community college district, or school facilities improvement district of any kind or class under Section 15102 or 15106, that portion of the bonded indebtedness of the district for which another district or territory in another district is liable shall be excluded and shall not be deemed to constitute outstanding bonded indebtedness of the district.

Legislative history

Amended by Stats. 2007, Ch. 670, Sec. 5. Effective January 1, 2008.

Source: California Education Code § 15108 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.