California § 17199.3. 17199.3. (Amended by Stats. 2014, Ch. 416, Sec. 3.)

California Statutes

§ 17199.3. — 17199.3. (Amended by Stats. 2014, Ch. 416, Sec. 3.)

California § 17199.3.

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 § 17199.3. (17199.3. (Amended by Stats. 2014, Ch. 416, Sec. 3.)) 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 § 17199.3. (2026).

Text

(a)The total amount of revenue bonds that may be issued and outstanding at any time for purposes of this chapter shall not exceed four billion four hundred million dollars ($4,400,000,000).

(b)For purposes of subdivision (a) bonds that meet any of the following conditions shall not be deemed to be outstanding:

(1)Bonds that have been refunded pursuant to Section 17188.

(2)Bonds for which money or securities in amounts necessary to pay or redeem the principal, interest, or any redemption premium on the bonds have been deposited in trust.

(3)Bonds that have been issued to finance or refinance working capital.

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(a)
The total amount of revenue bonds that may be issued and outstanding at any time for purposes of this chapter shall not exceed four billion four hundred million dollars ($4,400,000,000).
(b)
For purposes of subdivision (a) bonds that meet any of the following conditions shall not be deemed to be outstanding:
(1)
Bonds that have been refunded pursuant to Section 17188.
(2)
Bonds for which money or securities in amounts necessary to pay or redeem the principal, interest, or any redemption premium on the bonds have been deposited in trust.
(3)
Bonds that have been issued to finance or refinance working capital.