California Statutes
§ 41474. — 41474. (Amended by Stats. 2004, Ch. 52, Sec. 11.)
California·Code EDC Education 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
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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California § 41474. (41474. (Amended by Stats. 2004, Ch. 52, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2004, Ch. 52, Sec. 11. Effective June 21, 2004.