California Statutes
§ 94194. — 94194. (Amended by Stats. 2022, Ch. 572, Sec. 29.)
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. 7. ARTICLE 7. Construction of Facilities
(a)Whenever the authority under Section 94190 undertakes to construct, acquire, or otherwise provide a project and to lease the same to a private college or university applicant the lessee shall be responsible for the direct operation and maintenance costs of such project and, in addition, shall be responsible for the overall supervision of each project, for the overhead and general
administrative costs of the lessee which are incurred because of such project and for the integration of each project operation into the lessee’s educational program.
(b)Whenever the authority under Section 94191 makes loans for the construction of a project, the private college or university applicant at which such project is located shall be responsible for the direct operation and maintenance costs o
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California § 94194. (94194. (Amended by Stats. 2022, Ch. 572, Sec. 29.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2022, Ch. 572, Sec. 29. (AB 190) Effective September 27, 2022.