§ 29233 District Borrowing Authority

• •The district can borrow money if they follow certain rules.
• •The rules for borrowing money are written in another part of the law (Article 7).
• •These rules must be followed every time the district wants to borrow money.

A school district wants to borrow money to build a new school.

The district must follow the rules in Article 7 to borrow the money. If they don't follow the rules, they can't borrow the money.