California Statutes
§ 17457. — 17457. (Added by Stats. 1996, Ch. 277, Sec. 3.)
California § 17457.
JurisdictionCalifornia
Code EDCEducation 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. 4.ARTICLE 4. Sale or Lease of Real Property
This text of California § 17457. (17457. (Added by Stats. 1996, Ch. 277, 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 § 17457. (2026).
Text
Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from payments under the sale back or leaseback agreement shall be used for general operating purposes of the school district.
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Legislative History
Added by Stats. 1996, Ch. 277, Sec. 3. Effective January 1, 1997. Operative January 1, 1998.
Nearby Sections
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California § 17457., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/17457..