Cal. Education Code § 72679
Cal. Education Code § 72679
California · California Education Code · Status: effective · Effective 1980-08-31
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- Citation
- Cal. Education Code § 72679, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/804328
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Full text
The provisions of Section 72678 shall not be applicable if any of the following conditions are met:
(a) The contract or transaction is between an auxiliary organization and a member of the board of directors of that auxiliary organization.
(b) The contract or transaction is between an auxiliary organization and a partnership or unincorporated association of which any member of the governing board of that auxiliary organization is a partner or in which he or she is the owner or holder, directly or indirectly, of a proprietorship interest.
(c) The contract or transaction is between an auxiliary organization and a corporation in which any member of the board of directors of that auxiliary organization is the owner or holder, directly or indirectly, of 5 percent or more of the outstanding common stock.
(d) A member of the board of directors of an auxiliary organization is interested in a contract or transaction within the meaning of Section 72677, and without first disclosing such interest to the governing board at a public meeting of the board, influences or attempts to influence another member or members of the board to enter into the contract or transaction.