There is in the state government the California School Finance Authority. The authority is a public instrumentality, and the exercise by the authority of the powers conferred by this chapter is an essential public function.
Cal. Educ. Code § 17172
California School Finance Authority
Known as the California School Finance Authority Act
The act spans §§ 17170 to 17199.6 (39 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.