California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 2. ELEMENTARY AND SECONDARY EDUCATION |
Division 3. LOCAL ADMINISTRATION |
Part 24. SCHOOL FINANCE |
Chapter 10. Revolving Funds, School Districts |
ARTICLE 5. Special Reserve Fund |
Section 42843.
Latest version.
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Any moneys remaining in the special reserve fund of the district shall be transferred to the general fund of the district by the auditor and treasurer upon written request to the superintendent of schools, auditor, and treasurer of the county by the governing board of the district, and the auditor and treasurer shall discontinue the special reserve fund.
(Amended by Stats. 1992, Ch. 759, Sec. 17.5. Effective September 21, 1992.)