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California Education Code Section 92435

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The regents may at any time and from time to time issue
revenue bonds in order to raise funds for the purpose of establishing
any project or of acquiring lands for any project, or of acquiring,
constructing, improving, equipping, or furnishing any project, or of
refinancing any project, or for any combination of such purposes,
which bonds may be secured as provided in this chapter.

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Last modified: January 12, 2009