§ 41367
69 words·~1 min read·
/ca/education-code/41367A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Charter School Security Fund is hereby created in the State Treasury.
(b)Moneys in the fund shall be available for deposit into the Charter School Revolving Loan Fund in case of default on any loan made from the Charter School Revolving Loan Fund.
(c)Commencing with the 2013–14 fiscal year, the administration of the Charter School Security Fund shall be transferred to the California School Finance Authority.