California Education Code 15739 – The Controller shall certify to the board the cancellation of the …
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The Controller shall certify to the board the cancellation of the unpaid balance of the principal amount of the apportionment. Upon receipt of the certification, the board shall, in the name of the state, convey to the district all sites purchased and improved, all equipment purchased, and all buildings constructed, reconstructed, altered, or added to, from moneys provided by the apportionment covered by the cancellation.
(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)
Terms Used In California Education Code 15739
- Apportionment: means an apportionment made under this chapter unless the context otherwise requires. See California Education Code 15701
- Board: means the State Allocation Board. See California Education Code 15701