California Statutes
§ 17183.5. — 17183.5. (Amended by Stats. 2006, Ch. 325, Sec. 5.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 10. PART 10. SCHOOL BONDS·Ch. 18. CHAPTER 18. California School Finance Authority
In enacting this chapter, it is the intent of the Legislature to provide financing only for projects demonstrated by the participating party to be financially feasible. In demonstrating financial feasibility, the participating party may take into account all of its funds, and may base future projections upon historical experience or reasonable expectations, or a combination thereof. Nothing in this section shall be construed to imply that any project is required to produce revenue in order to be financed under this chapter.
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California § 17183.5. (17183.5. (Amended by Stats. 2006, Ch. 325, Sec. 5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2006, Ch. 325, Sec. 5. Effective January 1, 2007.