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Cal. Education Code § 17457

Cal. Education Code § 17457

California · California Education Code · Status: effective · Effective 1997-01-01

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Cal. Education Code § 17457, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/796205
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Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from payments under the sale back or leaseback agreement shall be used for general operating purposes of the school district.