California Education Code 15789 – Whenever one or more state-aided districts are included in whole in …
Whenever one or more state-aided districts are included in whole in an acquiring district, and the acquiring district applies for and receives an apportionment, then after the effective date of the inclusion and upon the approval of the application of the acquiring district, the governing board of each component state-aided district shall immediately transfer to the acquiring district all moneys of the component district which are required to be, or have been, earmarked for a project or projects of the district. The acquiring district, upon the transfer to it of the funds, may expend the funds for any projects of the acquiring district as to which its application was approved.
(Repealed and added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)
Terms Used In California Education Code 15789
- Acquiring district: means a district in which all, or a part of, a state-aided district or an applicant district has been included. See California Education Code 15780
- 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
- Project: means the purposes for which a school district has applied for an apportionment under this chapter. See California Education Code 15701
- State-aided district: means a district to which a conditional or final apportionment has been made under this chapter. See California Education Code 15780