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California Education Code Section 92445

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The regents may use for the payment of the costs of
acquisition, construction, or completion of any project any funds
made available to the regents by the state or any other funds
provided by the regents from any source, to be expended for the
accomplishing of the purposes set forth in this chapter, together
with the proceeds of revenue bonds issued and sold by the regents.

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Last modified: January 12, 2009