TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 7. COMMUNITY COLLEGES 70900-88933›PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES 81003-82548›CHAPTER 2. Property: Sale, Lease, Use, Gift, and Exchange 81250-81553›ARTICLE 3. Leasing School Buildings 81330-81351
§ 81349
California Education Code · 2020-11 edition · updated 2026-10-04 · California
For the purposes of Sections 15102 and 15106, 50 percent of any remaining payments for use of the building or site and building which would become due from the district under any leases and agreements entered into by the district pursuant to this article, if such leases and agreements were to run their full term, shall be considered outstanding bonded indebtedness.
(Enacted by Stats. 1976, Ch. 1010.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code