California · Education Code

EDC §16310: Not to exceed forty million dollars ($40,000,000) of the proceeds of the sale of bonds authorized by the State School Building Aid Bond Law of 1966 may be expended pursuant to this article.

What this law says, in plain English

This statute limits bond proceeds available for expenditure under the State School Building Aid Bond Law of 1966 to a maximum of forty million dollars.

Read the full statutory text

Not to exceed forty million dollars ($40,000,000) of the proceeds of the sale of bonds authorized by the State School Building Aid Bond Law of 1966 may be expended pursuant to this article.

Verify at the official source: California legislative text

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