California Statutes
§ 94142. — 94142. (Enacted by Stats. 1976, Ch. 1010.)
California·Code EDC Education Code - EDC·Div. 10.·Title 3. DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS·Part 59. PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS·Ch. 2. CHAPTER 2. California Educational Facilities Authority Act·Art. 4. ARTICLE 4. Powers and Duties; Notes and Bonds
The authority shall establish financial eligibility standards by studying the creditworthiness and earning capacity of each project together with the amount of pledged revenues, debt service coverage, and basic security, in addition to establishing machinery to monitor the ongoing compliance of each project with state authority and bond indenture requirements.
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California § 94142. (94142. (Enacted by Stats. 1976, Ch. 1010.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1976, Ch. 1010.