Education Code section 101431

The proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.

Source: Section 101431, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=101431. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 101431’s source at ca.gov

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Location: https://california.public.law/codes/education_code_section_101431

Original Source: Section 101431, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=101431. (last accessed May 10, 2025).