§ 15231. — 15231. (Repealed and added by Stats. 1996, Ch. 277, Sec. 2.)

California § 15231.

• Jurisdiction: 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. 8.: ARTICLE 8. Method of Bond Payment

Text

The board of supervisors at the direction of governing board of the district may divide the principal amount of bonds authorized at any election into two or more series and may fix different dates for the bonds of each series, in which event the maximum maturity date of the bonds shall be calculated from the date of each series respectively. When the issuance of bonds shall have been authorized pursuant to two or more propositions submitted at the same or different elections, all or any part of the bonds not theretofore issued may be combined and issued and sold as one or more series.

Legislative History

Repealed and added by Stats. 1996, Ch. 277, Sec. 2.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