California Statutes

§ 15144.3. — 15144.3. (Added by Stats. 2013, Ch. 477, Sec. 4.)

California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 10. PART 10. SCHOOL BONDS·Ch. 1. CHAPTER 1. Bonds of School Districts and Community College Districts·Art. 3. ARTICLE 3. Issuance and Sale of Bonds

A school district or community college district with a note issued before December 31, 2013, pursuant to Section 15150 may seek from the state board or the Chancellor of the California Community Colleges, as applicable, a one-time waiver from one or more of the requirements of Sections 2, 3, 5, and 6 of Assembly Bill 182 of the 2013–14 Regular Session, if both of the following are satisfied:

(a)The proceeds of the issuance subject to the waiver will be used only for the purpose of paying the note.
(b)The school district or community college district has provided to the state board or the Chancellor of the California Community Colleges, as applicable, an analysis from a financial adviser unaffiliated with the school district, the community college district, or the underwriter used b

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California § 15144.3. (15144.3. (Added by Stats. 2013, Ch. 477, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2013, Ch. 477, Sec. 4. (AB 182) Effective January 1, 2014.

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