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Earlier editions: 2020-112018-112026-09

TITLE 3. POSTSECONDARY EDUCATION 66000-101460›DIVISION 9. UNIVERSITY OF CALIFORNIA 92000-93000›PART 57. UNIVERSITY OF CALIFORNIA 92000-93000›CHAPTER 5. The University of California Revenue Bond Act of 1947 92400-92571›ARTICLE 3. Revenue Bonds 92470-92496

§ 92495.5

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

The university shall manage its general revenue bond program and the payments referenced in Section 92493, in a manner so that not more than 15 percent of its General Fund support appropriation, less the amount of that appropriation that is required to fund general obligation bond payments and State Public Works Board rental payments, is used for the total of all of the following:

(a) Payments for capital expenditures pursuant to Section 92493.

(b) Pay-as-you-go capital outlay projects pursuant to Section 92494.

(c) State Public Works Board rental payments.

(Amended by Stats. 2015, Ch. 22, Sec. 24. (SB 81) Effective June 24, 2015.)

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