TITLE 2. ELEMENTARY AND SECONDARY EDUCATION 33000-64100›DIVISION 3. LOCAL ADMINISTRATION 35000-45500›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
§ 35572
California Education Code · 2020-11 edition · updated 2026-10-04 · California
No territory shall be taken from any school district having any outstanding bonded indebtedness and made a part of another school district where the action, if taken, would so reduce the last equalized assessed valuation of the divided district so that the outstanding bonded indebtedness of the divided district would exceed 5 percent of the assessed valuation in the remaining territory of the divided district for each level maintained, on the date the reorganization is effective pursuant to Section 35766.
(Amended by Stats. 2016, Ch. 186, Sec. 14. (AB 2659) Effective January 1, 2017.)
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