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 7. Purchase of Bonds by Issuing School Districts and Community College Districts 15220-15221
§ 15220
California Education Code · 2026-10 edition · updated 2026-10-04 · California
The governing board of a school district or community college district may purchase in the open market bonds issued by the district. The cost of bonds purchased may be paid out of any funds of the district not required by law to be set aside for teachers’ salaries.
(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)
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