§ 15900
63 words·~1 min read·
/ca/education-code/15900A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purpose of creating a fund to provide aid to school districts of the state, the State School Building Finance Committee, created by Section 15909, shall be and it hereby is authorized and empowered to create a debt or debts, liability or liabilities, of the state in the manner and to the extent hereinafter provided, but not otherwise, nor in excess thereof.