§ 35570. — 35570. (Amended by Stats. 2006, Ch. 730, Sec. 6.)

California § 35570.

• Jurisdiction: California
• Code EDC: Education 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. 8.: ARTICLE 8. Bonded Indebtedness of School Districts

Text

This article applies only to the reallocation of bonded indebtedness of a school district on general obligation bonds under one of the following conditions:
(a)
The bonded indebtedness was approved by the voters prior to July 1, 1978.
(b)
The bonded indebtedness was incurred for the acquisition or improvement of real property and was approved on or after July 1, 1978, by two-thirds of the votes cast by the voters voting on the proposition.
(c)
The bonded indebtedness was incurred for the acquisition or improvement of real property and was approved on or after July 1, 1978, by 55 percent of the votes cast by the voters voting on the proposition at a regularly scheduled election or a statewide special election.

Legislative History

Amended by Stats. 2006, Ch. 730, Sec. 6. Effective January 1, 2007.