Interest earned on those portions of deposits in an urban school construction fund representing allocations from the proceeds of state school reconstruction and replacement bonds received by the county treasurer for the benefit of a school district under this chapter shall be paid into the Urban School Construction Fund created by Section 16728.
Cal. Educ. Code § 16727
General Provisions
Known as the Urban School Construction Aid Law
The act spans §§ 16700–16734 (34 sections).
Added by Stats. 1996, Ch. 277, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.