California Statutes

§ 16721. — 16721. (Added by Stats. 1996, Ch. 277, Sec. 2.)

California § 16721.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.1.
Title 1.DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
Part 10.PART 10. SCHOOL BONDS
Ch. 8.CHAPTER 8. Urban School Construction Aid Law of 1968
Art. 1.ARTICLE 1. General Provisions

This text of California § 16721. (16721. (Added by Stats. 1996, Ch. 277, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Education Code - EDC Code § 16721. (2026).

Text

The Controller shall, during the next fiscal year following that in which he determines the annual repayment as herein provided, deduct the total amount of the annual repayment of each district in equal amounts from each of the February, March, April, and May installments of the apportionments made to the district from the State School Fund and, on order of the State Controller, the amount so deducted shall be transferred to the Urban School Construction Aid Fund. All money transferred to the Urban School Construction Aid Fund under this section shall be available only for transfer to the General Fund.

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Legislative History

Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.
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California § 16721., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/16721..