TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS 94000-95010›CHAPTER 2. California Educational Facilities Authority Act 94100-94213›ARTICLE 7. Construction of Facilities 94190-94195
§ 94194
California Education Code · 2020-11 edition · updated 2026-10-04 · California
(a) Whenever the authority under Section 94190 undertakes to construct, acquire or otherwise provide a project and to lease the same to a private college, the lessee shall be responsible for the direct operation and maintenance costs of such project and, in addition, shall be responsible for the overall supervision of each project, for the overhead and general administrative costs of the lessee which are incurred because of such project and for the integration of each project operation into the lessee’s educational program.
(b) Whenever the authority under Section 94191 makes loans for the construction of a project, the private college at which such project is located shall be responsible for the direct operation and maintenance costs of such project and, in addition, shall be responsible for the overall supervision of each project, for the overhead and general administrative costs of the private college which are incurred because of such project and for the integration of each project operation into the institution’s educational program.
(Enacted by Stats. 1976, Ch. 1010.)
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