Education Code § 17462.7

ARTICLE 4. Sale or Lease of Real Property

Current as of September 28, 2026Ed. Code, § 17462.7Official source ↗

Added by Stats. 2003, Ch. 891, Sec. 2. Effective January 1, 2004.

The board shall reduce an apportionment of hardship assistance awarded to a school district pursuant to Article 8 (commencing with Section 17075.10) by an amount equal to the amount of any proceeds from the sale of surplus property used for a one-time expenditure of the school district pursuant to Section 17462.5 for five years following the expenditure.