California · Education Code
EDC §15144: The number of years the whole or any part of the bonds are to run shall not exceed 25 years, from the date of the bonds or the date of any series thereof.
What this law says, in plain English
Bonds or any portion of them cannot extend beyond 25 years from their issuance or series date.
Read the full statutory text
The number of years the whole or any part of the bonds are to run shall not exceed 25 years, from the date of the bonds or the date of any series thereof.
Verify at the official source: California legislative text
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