Home/California/Statutes/Code EDC: Education Code - EDC/Div.: 7./Title 3.: DIVISION 7. COMMUNITY COLLEGES/Part 49.: PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES/Ch. 3.: CHAPTER 3. Management and Control of Property/Art. 3.5.: ARTICLE 3.5. Energy Management Systems/§ 81663.
California Statutes

§ 81663. — 81663. (Added by Stats. 1991, Ch. 1038, Sec. 8.)

California § 81663.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.7.
Title 3.DIVISION 7. COMMUNITY COLLEGES
Part 49.PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES
Ch. 3.CHAPTER 3. Management and Control of Property
Art. 3.5.ARTICLE 3.5. Energy Management Systems

This text of California § 81663. (81663. (Added by Stats. 1991, Ch. 1038, Sec. 8.)) 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 § 81663. (2026).

Text

(a)The governing board of any community college district may borrow funds from federal or state regulated financial institutions for design and construction costs associated with retrofitting buildings to become more energy efficient. The amount borrowed shall not exceed the amount that can be repaid from energy cost avoidance savings accumulated from the improvement of facilities.
(b)Any savings association may make loans or advances of credit pursuant to subdivision (a) in an amount not in excess of 5 percent of its total assets. This investment may be in addition to any other investment savings associations are permitted to undertake.

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Legislative History

Added by Stats. 1991, Ch. 1038, Sec. 8. Effective October 14, 1991.
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California § 81663., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/81663..