California § 42621. 42621. (Amended by Stats. 2012, Ch. 38, Sec. 51.)

California Statutes

§ 42621. — 42621. (Amended by Stats. 2012, Ch. 38, Sec. 51.)

California § 42621.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.3.

Title 2.DIVISION 3. LOCAL ADMINISTRATION

Part 24.PART 24. SCHOOL FINANCE

Ch. 9.CHAPTER 9. School District Funds—Expenditures and Appropriations

Art. 3.ARTICLE 3. Temporary Transfer—County to Districts, to Finance Excess Expenditure

This text of California § 42621. (42621. (Amended by Stats. 2012, Ch. 38, Sec. 51.)) 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 § 42621. (2026).

Text

The county superintendent of schools of each county, with the approval of the county board of education, may make temporary transfers to a school district
						or charter school that does not have sufficient money to its credit to meet current operating expenses from the county school service fund, in amounts and at times that the county superintendent of schools deems necessary. These transfers shall not exceed 85 percent of the amount of money accruing to the school district or
						charter school
						at the time of transfer. The amounts so transferred shall be repaid to the county school service fund
						before June 30 of the current year from any funds subsequently received by the school district or charter school.

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The county superintendent of schools of each county, with the approval of the county board of education, may make temporary transfers to a school district
or charter school that does not have sufficient money to its credit to meet current operating expenses from the county school service fund, in amounts and at times that the county superintendent of schools deems necessary. These transfers shall not exceed 85 percent of the amount of money accruing to the school district or
charter school
at the time of transfer. The amounts so transferred shall be repaid to the county school service fund
before June 30 of the current year from any funds subsequently received by the school district or charter school.

Legislative History

Amended by Stats. 2012, Ch. 38, Sec. 51. (SB 1016) Effective June 27, 2012.

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California § 42621., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/42621..