Education Code section 17163.5

The Controller shall pay bond trustees in accordance with the instructions received pursuant to Section 17863. The Controller shall make that payment only from moneys in the California State Lottery Education Fund allocated to that school district. The Controller is not authorized to pay a bond trustee any amount in excess of a district’s allocation from the California State Lottery Education Fund.

Source: Section 17163.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=17163.5. (updated Jan. 1, 1997; accessed Dec. 1, 2025).

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Up to date

Verified:
Dec. 1, 2025

§ 17163.5's source at ca.gov

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Location: https://california.public.law/codes/education_code_section_17163.5

Original Source: Section 17163.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=17163.5. (last accessed May 12, 2025).