§ 100430 Bond Issuance Procedures
This law says any bonds made under this chapter have to follow the State General Obligation Bond Law, except for one small part, and the State Allocation Board is the group that runs the 1998 State School Facilities Fund.
A local school district wants to raise money by selling bonds to build a new classroom building.
The district must follow all the rules in the State General Obligation Bond Law (except Section 16727) when preparing and selling those bonds, and the State Allocation Board will oversee the fund that the bonds go into.
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§ 100430 Bond Issuance Procedures
Last verified: January 10, 2026