§ 14066 Bond Issuance Procedures

• •This law says that special rules for state bonds apply to these bonds too.
• •The bonds must follow the same steps as other state bonds for making, selling, and paying them back.
• •The rules from another law (State General Obligation Bond Law) are used here like they’re part of this law.

Imagine the state wants to build new schools and needs money, so they sell bonds like IOUs to people.

This law says those school bonds must follow the same rules as other state bonds—like how they’re made, sold, and paid back—just like following the same recipe for baking cookies every time.