§ 16064 School District Bond Validation
This law says that if a school district sold bonds after voters approved the sale by at least two‑thirds, then all the steps the district took to sell those bonds are officially okay and the district must pay back the bonds.
A town's school district needed money to build a new gym, so the board told the town to vote on selling $5 million in bonds. Two‑thirds of the voters said yes, and the district sold the bonds to investors.
Because the vote got the required two‑thirds support, this law says the bond sale is legal and the school district has to honor the debt, even if someone tried to argue the sale was improper.
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§ 16064 School District Bond Validation
Last verified: January 10, 2026