California Statutes

§ 41474. — 41474. (Amended by Stats. 2004, Ch. 52, Sec. 11.)

California § 41474.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.3.
Title 2.DIVISION 3. LOCAL ADMINISTRATION
Part 24.PART 24. SCHOOL FINANCE
Ch. 3.1.CHAPTER 3.1. Emergency Apportionment Repayment for West Contra Costa Unified School District
Art. 1.ARTICLE 1. Repayment of Loan Obligations

This text of California § 41474. (41474. (Amended by Stats. 2004, Ch. 52, Sec. 11.)) 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 § 41474. (2026).

Text

Notwithstanding Sections 41471 and 41472, the school district may submit a request to the Director of Finance to have the interest rate on the remaining outstanding balance of its emergency apportionments changed to reflect the investment rate of the Pooled Money Investment Account as reported by the State Controller’s office for the immediately preceding fiscal year. Upon receipt of the request, the Director of Finance shall change the interest rate pursuant to this section. A change in the interest rate does not change other terms of the repayment schedule.

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Legislative History

Amended by Stats. 2004, Ch. 52, Sec. 11. Effective June 21, 2004.
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California § 41474., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/41474..