Skip to content
ChatProjectCodes

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 4. State School Building Aid Law, 1949 15700-15795›ARTICLE 1. General Provisions 15700-15754

§ 15726

California Education Code · 2026-10 edition · updated 2026-10-04 · California

As used in Section 15725 of the Education Code, the phrase “adjusted to the next highest one-eighth of 1 percent” means “increased by a full one-eighth of 1 percent.” It is hereby declared that this construction is not intended as a change in the present law, but as a declaration of the existing law, and shall apply to any interest rate heretofore or hereafter fixed by the board under said section.

(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Education Code
California Education Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.