California Education Code

§ 17199.3

EDC § 17199.3 Effective Jan 1, 2015Div. 1 · Title 1 · Part 10 · Ch. 18

Statute text

(a)The total amount of revenue bonds that may be issued and outstanding at any time for purposes of this chapter shall not exceed four billion four hundred million dollars ($4,400,000,000).

(b)For purposes of subdivision (a) bonds that meet any of the following conditions shall not be deemed to be outstanding:

(1)Bonds that have been refunded pursuant to Section 17188.

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Legislative history

Amended by Stats. 2014, Ch. 416, Sec. 3. (AB 1979) Effective January 1, 2015.