TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 9. UNIVERSITY OF CALIFORNIA 92000-92961›PART 57. UNIVERSITY OF CALIFORNIA 92000-92988›CHAPTER 5. The University of California Revenue Bond Act of 1947 92400-92571›ARTICLE 3. Revenue Bonds 92470-92496

§ 92483

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

All costs and expenses incident to the issuance and sale of bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction, or completion of which the bonds have been issued, and for a period of not to exceed two years after the completion of the actual construction of the project as provided for in the indenture.

(Enacted by Stats. 1976, Ch. 1010.)

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California Education Code

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