{"code":"EDC","codeName":"Education Code","section":"17198","citation":"Ed. Code, § 17198","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","url":"https://blackletter.si/education-code/title-1"},{"name":"DIVISION 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","url":"https://blackletter.si/education-code/title-1/division-1"},{"name":"PART 10. SCHOOL BONDS [15100. - 17204.]","url":"https://blackletter.si/education-code/title-1/division-1/part-10"},{"name":"CHAPTER 18. California School Finance Authority [17170. - 17199.6.]","url":"https://blackletter.si/education-code/title-1/division-1/part-10/chapter-18"}],"history":"Added by Stats. 1996, Ch. 277, Sec. 2.   Effective January 1, 1997.   Operative January 1, 1998.","effective":"1997-01-01","html":"<p>Any net earnings of the authority beyond that necessary for the retirement of any obligations issued by the authority, or to implement the purposes of this chapter, may inure only to the benefit of the State of California or the authority.</p>","text":"Any net earnings of the authority beyond that necessary for the retirement of any obligations issued by the authority, or to implement the purposes of this chapter, may inure only to the benefit of the State of California or the authority.","otherVersions":[],"url":"https://blackletter.si/education-code/california-school-finance-authority-17198","source":"California Legislative Information bulk export (pubinfo)"}