California Statutes
§ 17422. — 17422. (Added by Stats. 1996, Ch. 277, Sec. 3.)
California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 10.5. PART 10.5. SCHOOL FACILITIES·Ch. 4. CHAPTER 4. Property: Sale,Lease, Exchange·Art. 2. ARTICLE 2. Leasing Property
For the purposes of Sections 15102 and 15106 and Chapter 6 (commencing with Section 16000) of Part 10, 50 percent of any remaining payments for use of the building or site and building which would become due from the district under any leases and agreements entered into by the district pursuant to this article, if the leases and agreements were to run their full term, shall be considered outstanding bonded indebtedness.
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California § 17422. (17422. (Added by Stats. 1996, Ch. 277, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1996, Ch. 277, Sec. 3. Effective January 1, 1997. Operative January 1, 1998.