California Statutes
§ 17462.7. — 17462.7. (Added by Stats. 2003, Ch. 891, Sec. 2.)
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. 4. ARTICLE 4. Sale or Lease of Real Property
The board shall reduce an apportionment of hardship assistance awarded to a school district pursuant to Article 8 (commencing with Section 17075.10) by an amount equal to the amount of any proceeds from the sale of surplus property used for a one-time expenditure of the school district pursuant to Section 17462.5 for five years following the expenditure.
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California § 17462.7. (17462.7. (Added by Stats. 2003, Ch. 891, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2003, Ch. 891, Sec. 2. Effective January 1, 2004.