California Statutes

§ 35561. — 35561. (Amended by Stats. 2016, Ch. 186, Sec. 10.)

California § 35561.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.3.
Title 2.DIVISION 3. LOCAL ADMINISTRATION
Part 21.PART 21. LOCAL EDUCATIONAL AGENCIES
Ch. 3.CHAPTER 3. Reorganization of School Districts—General Provisions
Art. 7.ARTICLE 7. Disposition of Records, Funds, Property, and Obligations When Reorganized

This text of California § 35561. (35561. (Amended by Stats. 2016, Ch. 186, Sec. 10.)) 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 § 35561. (2026).

Text

Any funds derived from the sale of the school bonds issued by the original district shall be used for the acquisition, construction, or improvement of school property only in the territory that comprised the original district or to discharge bonded indebtedness of the original district, except that, if the bonded indebtedness is assumed by the new or acquiring district, the funds may be used in any area of the new district for the purposes for which the bonds were originally voted.

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Legislative History

Amended by Stats. 2016, Ch. 186, Sec. 10. (AB 2659) Effective January 1, 2017.
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California § 35561., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/35561..