California Education Code

§ 41360

EDC § 41360 Effective Jan 1, 2017Div. 3 · Title 2 · Part 24 · Ch. 3 · Art. 4

Statute text

(a)Loans may be made from moneys in the Public School District Organization Revolving Fund to newly organized elementary, high school, or unified school districts upon application of the governing board of any such school district, certified by the county superintendent of schools and approved by the Superintendent for use by the school district during the period from the date the action to form the school district was completed and the date the school district becomes effective for all purposes. Money loaned to a school district pursuant to this section shall be used only to meet one or more of the following:

(1)The expenses of office rental, office supplies, postage, telephone, and telegraphing.

(2)The expenses of necessary elections required by law or authorized by Section 35532.

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Legislative history

Amended by Stats. 2016, Ch. 86, Sec. 58. (SB 1171) Effective January 1, 2017.