California Statutes
§ 15220. — 15220. (Repealed and added by Stats. 1996, Ch. 277, Sec. 2.)
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. 7. ARTICLE 7. Purchase of Bonds by Issuing School Districts and Community College Districts
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.
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California § 15220. (15220. (Repealed and added by Stats. 1996, Ch. 277, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.