California Statutes

§ 81938. — 81938. (Added by Stats. 1982, Ch. 251, Sec. 28.)

California·Code EDC Education Code - EDC·Div. 7.·Title 3. DIVISION 7. COMMUNITY COLLEGES·Part 49. PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES·Ch. 5. CHAPTER 5. Community College Revenue Bond Act of 1961
All costs and expenses incident to the issuance and sale of bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction, or completion of which the bonds have been issued, and for a period of not to exceed two years thereafter as provided for in the indenture.

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California § 81938. (81938. (Added by Stats. 1982, Ch. 251, Sec. 28.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1982, Ch. 251, Sec. 28. Effective June 11, 1982. Operative July 1, 1982, by Sec. 47 of Ch. 251.
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