Earlier editions: 2020-112018-112026-09
TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32527›PART 10. SCHOOL BONDS 15100-17204›CHAPTER 1. Bonds of School Districts and Community College Districts 15100-15262›ARTICLE 1. Purposes for Authorizing Bonds 15100-15111
§ 15108
California Education Code · 2026-10 edition · updated 2026-10-04 · California
For the purpose of determining the limitation of indebtedness of a school district, community college district, or school facilities improvement district of any kind or class under Section 15102 or 15106, that portion of the bonded indebtedness of the district for which another district or territory in another district is liable shall be excluded and shall not be deemed to constitute outstanding bonded indebtedness of the district.
(Amended by Stats. 2007, Ch. 670, Sec. 5. Effective January 1, 2008.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code