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HomeEducation CodeDiv. 9Pt. 57Ch. 5Art. 4§ 92527 Indenture Breach Clause Rights

§ 92527 Indenture Breach Clause Rights

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 92527 Indenture Breach Clause Rights

Key Takeaways

  • •A contract can have rules about what happens if the university leaders break their promises.
  • •These rules explain what everyone can or can't do if the leaders don't follow the contract.
  • •The rules also say what powers or duties people have if the contract is broken.

Example

A university promises to keep a building in good shape but doesn't fix a leaky roof.

The contract can say what happens next, like who can fix it or who pays for the damage.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 92527 Indenture Breach Clause Rights

An indenture may include a clause designating the rights, limitations, powers, and duties arising upon breach by the regents of any of the covenants, conditions, or obligations contained in any indenture. (Enacted by Stats. 1976, Ch. 1010.)

Last verified: January 23, 2026

Key Terms

indentureregentscontractbreachcovenantobligationwhat happensuniversity

Related Statutes

  • § 92521 Bond Revenue Collection Requirements
  • § 92493 University Revenue Bond Pledges
  • § 92526 Bond Default Acceleration Clauses
  • § 81901 Community College Revenue Bonds
  • § 92449 University Project Rental Fees

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 92527.
View Official Source