Skip to content

TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›PART 10. SCHOOL BONDS 15100-17199.6›CHAPTER 1. Bonds of School Districts and Community College Districts 15100-15262›ARTICLE 7. Purchase of Bonds by Issuing School Districts and Community College Districts 15220-15221

§ 15220

California Education Code · 2018-11 edition · updated 2026-10-04 · California

The governing board of a school district or community college district may purchase in the open market bonds issued by the district. The cost of bonds purchased may be paid out of any funds of the district not required by law to be set aside for teachers’ salaries.

(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Education Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.