Home/California/Statutes/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/§ 17187.
California Statutes

§ 17187. — 17187. (Added by Stats. 1996, Ch. 277, Sec. 2.)

California § 17187.
JurisdictionCalifornia
Code EDCEducation 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

This text of California § 17187. (17187. (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 § 17187. (2026).

Text

All moneys received under this chapter, whether received as proceeds from the sale of revenue bonds or as revenues, are trust funds to be held and applied solely as provided in this chapter. Any officer, bank, or trust company with whom those moneys have been deposited, shall act as trustee of those moneys and shall hold and apply them for those purposes, subject to the requirements of this chapter and the resolution authorizing the bonds of any issue, or the trust agreement or indenture securing those bonds, may provide.

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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 § 17187., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/17187..