California Education Code

§ 15146

EDC § 15146 Effective Jan 1, 2017Div. 1 · Title 1 · Part 10 · Ch. 1 · Art. 3

Statute text

(a)The bonds shall be issued and sold pursuant to Section 15140, payable out of the interest and sinking fund of the school district or community college district. The governing board of the school district or community college district may sell the bonds at a negotiated sale or by competitive bidding.

(b)(1) Before the sale, the governing board of the school district or community college district shall adopt a resolution, as an agenda item at a public meeting, that includes all of the following:

(A)Express approval of the method of sale.

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Legislative history

Amended by Stats. 2016, Ch. 472, Sec. 1. (AB 2738) Effective January 1, 2017.