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Ed. Code, § 20000 · Article 3. Fiscal Provisions

Ed. Code, § 20000

Verbatim from the official edition

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

Bonds in the amount of three hundred forty-four million nine hundred sixty thousand dollars ($344,960,000), excluding refunding bonds, or so much thereof as is necessary, may be issued and sold for deposit in the fund to be used in accordance with, and for carrying out the purposes of, this chapter, and to be used to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code. The bonds, when sold, shall be and constitute a valid and binding obligation of the state, and the full faith and credit of the state is hereby pledged for the punctual payment of both principal of and interest on bonds as the principal and interest become due and payable.

Notes and commentary — not statutory text

History

Amended by Stats. 2026, Ch. 255, Sec. 3. (AB 184) Effective September 18, 2026.

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=20000.
Text hash
sha256 8d696397c434a76f8d189914d4a648941524ed8f3e748d0b2911867a47e7bcdc
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

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