Cal. Ed. Code § 81349

Current through the 2024 Legislative Session.
Section 81349 - Payments considered outstanding bonded indebtedness

For the purposes of Sections 15102 and 15106, 50 percent of any remaining payments for use of the building or site and building which would become due from the district under any leases and agreements entered into by the district pursuant to this article, if such leases and agreements were to run their full term, shall be considered outstanding bonded indebtedness.

Ca. Educ. Code § 81349

Enacted by Stats. 1976, Ch. 1010.