{"code":"EDC","codeName":"Education Code","section":"17457","citation":"Ed. Code, § 17457","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 10.5. SCHOOL FACILITIES [17210. - 17672.]","url":"https://blackletter.si/education-code/title-1/division-1/part-10.5"},{"name":"CHAPTER 4. Property: Sale,Lease, Exchange [17385. - 17561.]","url":"https://blackletter.si/education-code/title-1/division-1/part-10.5/chapter-4"},{"name":"ARTICLE 4. Sale or Lease of Real Property [17455. - 17484.]","url":"https://blackletter.si/education-code/title-1/division-1/part-10.5/chapter-4/article-4"}],"history":"Added by Stats. 1996, Ch. 277, Sec. 3.   Effective January 1, 1997.   Operative January 1, 1998.","effective":"1997-01-01","html":"<p>Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from payments under the sale back or leaseback agreement shall be used for general operating purposes of the school district.</p>","text":"Notwithstanding any other provision of this part, in connection with a sale, sale back, lease, or leaseback of school district property, no proceeds obtained by the school district from the sale of the sale back or leaseback agreement, or interests therein, or a debt instrument payable from payments under the sale back or leaseback agreement shall be used for general operating purposes of the school district.","otherVersions":[],"url":"https://blackletter.si/education-code/sale-or-lease-of-real-property-17457","source":"California Legislative Information bulk export (pubinfo)"}