The state student loan guarantee program assets and liabilities shall be transferred to the transferee guarantee agency upon the completion of any sale pursuant to this article, and may be transferred to the transferee guaranty program operator if contemplated by the transaction entered into pursuant to Section 69521.4.
Cal. Educ. Code § 69521.7
Maximizing the Value of the State Student Loan Guarantee Program Assets and Liabilities
Added by Stats. 2007, Ch. 182, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.