TITLE 2. ELEMENTARY AND SECONDARY EDUCATION 33000-64100›DIVISION 3. LOCAL ADMINISTRATION 35000-45460›PART 21. LOCAL EDUCATIONAL AGENCIES 35000-35787›CHAPTER 3. Reorganization of School Districts—General Provisions 35500-35586›ARTICLE 8. Bonded Indebtedness of School Districts 35570-35579
§ 35579
California Education Code · 2018-11 edition · updated 2026-10-04 · California
Any unsold bonds of an elementary, high, or unified school district that is included as a whole in a new or acquiring district through any kind of reorganization, if issued by the board of supervisors in the names of the former districts shall be considered a liability of the new or acquiring district for purposes of computing the bonding capacity of the school district when applying the State School Building Aid Law of 1952 (Chapter 6 (commencing with Section 16000) of Part 10 of Division 1 of Title 1).
(Amended by Stats. 2016, Ch. 186, Sec. 19. (AB 2659) Effective January 1, 2017.)
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