Education Code section 18531

The total amount of bonds issued, shall not exceed 5 percent of the taxable property of the district, as shown by the last equalized assessment book of the county.

Source: Section 18531, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=18531. (updated Jan. 1, 1976; accessed Dec. 1, 2025).

18530
18531
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18533
18534
18534.3
18534.5
18535
18536

Up to date

Verified:
Dec. 1, 2025

§ 18531's source at ca.gov

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Location: https://california.public.law/codes/education_code_section_18531

Original Source: Section 18531, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=18531. (last accessed May 12, 2025).