California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 3. POSTSECONDARY EDUCATION |
Division 5. GENERAL PROVISIONS |
Part 40. DONAHOE HIGHER EDUCATION ACT |
Chapter 14.5. Higher Education Facilities Bond Act of 1986 |
Section 67354.5.
Latest version.
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The proceeds of the bonds may also be used to provide short-term loans to community colleges for the purchase of instructional equipment. Those loans shall be repaid from the first moneys available in the Capital Outlay Fund for Public Higher Education beginning in the 1987–88 fiscal year.
(Added by Stats. 1986, Ch. 424, Sec. 2. Approved November 4, 1986, by adoption of Proposition 56.)