Ed. Code, § 15144.1 · Article 3. Issuance and Sale of Bonds

Ed. Code, § 15144.1

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

The ratio of total debt service to principal for each bond series shall not exceed four to one.

Notes and commentary — not statutory text

History

Added by Stats. 2013, Ch. 477, Sec. 2. (AB 182) Effective January 1, 2014.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC&sectionNum=15144.1.
Text hash: sha256 1aafe919eeef0870d5d48d1b4a2c3872483626541fa03a55e8de7f7cd5124203
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.