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TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›PART 10. SCHOOL BONDS 15100-17199.6›CHAPTER 17. The Archie-Hudson and Cunneen School Technology Revenue Bond Act 17160-17165

§ 17163.5

California Education Code · 2020-11 edition · updated 2026-10-04 · California

The Controller shall pay bond trustees in accordance with the instructions received pursuant to Section 17863. The Controller shall make that payment only from moneys in the California State Lottery Education Fund allocated to that school district. The Controller is not authorized to pay a bond trustee any amount in excess of a district’s allocation from the California State Lottery Education Fund.

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

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