California Education Code ARTICLE 12 - Scholarship and Loan Funds
- Section 35310.
The governing board of any school district may establish and maintain a scholarship and loan fund, to be administered by a committee composed of the...
- Section 35311.
The superintendent of school district shall be the chairman of the committee and shall be the chief executive officer of the fund.(Enacted by Stats. 1976,...
- Section 35312.
The committee shall meet at least once each fiscal year and at such other times as it may be called into session by the chairman.(Enacted...
- Section 35313.
The committee may accept on behalf of, and in the name of, the fund, such gifts, donations, bequests, and devises as are made for the...
- Section 35314.
Money in the fund shall be deposited in a bank or other institution whose accounts are federally insured, and any money so deposited shall be...
- Section 35315.
All money in the fund shall be available for making interest-free loans for educational advancement, for scholarship, or for grants-in-aid to eligible persons. An eligible...
- Section 35316.
An applicant for a loan from the fund shall make application therefor in accordance with reasonable rules and regulations established by the governing board of...
- Section 35317.
All expenses in the administration of the fund including, but not limited to, operating costs, audits, promotion of the fund, and physical housing for the...
- Section 35318.
The governing board of the school district shall arrange for an annual audit of the fund in the same manner as prescribed in Section 41020.(Enacted...
- Section 35319.
The chief executive officer of the fund shall make periodic reports, but not less frequently than annually, to the governing board of the school district...
Last modified: October 22, 2018