ARTICLE 7. Purchase of Bonds by Issuing School Districts and Community College Districts

Article 7 added by Stats. 1996, Ch. 277, Sec. 2.

§§ 15220–15221 · 2 sections

• § 15220 The governing board of a school district or community college district may purchase in the open market bonds issued by the district. The cost of bonds…
• § 15221 When any bonds issued by a district have been purchased by the governing board of the district, the bonds shall be deemed canceled and of no further validity.…