California Education Code ARTICLE 4 - Powers and Duties; Notes and Bonds

• Section 94140.
  The authority shall have power to do all of the following:(a) Adopt bylaws for the regulation of its affairs and the conduct of its business.(b) Adopt and...
• Section 94141.
  All expenses incurred in carrying out the provisions of this chapter shall be payable from funds provided the authority therefor, and no liability or obligation...
• Section 94142.
  The authority shall establish financial eligibility standards by studying the creditworthiness and earning capacity of each project together with the amount of pledged revenues, debt...
• Section 94143.
  The authority is authorized from time to time to issue its notes for any corporate purpose and renew from time to time any notes by...
• Section 94144.
  (a) The authority is authorized from time to time to issue its bonds for any corporate purpose. In anticipation of the sale of the bonds, the...
• Section 94145.
  In the discretion of the authority, any bonds issued under the provisions of this chapter may be secured by a trust agreement by and between...
• Section 94145.5.
  A provision that the authority may include in a trust agreement or resolution providing for the issuance of bonds pursuant to this chapter may also...
• Section 94146.
  (a) Bonds issued under the provisions of this chapter shall not be deemed to constitute a debt or liability of the state or of any political...
• Section 94147.
  (a) The authority may fix, revise, charge, and collect rates, rents, fees, and charges for the use of and for the services furnished or to be...
• Section 94148.
  Any holder of bonds issued under the provisions of this chapter or any of the coupons appertaining thereto, and the trustee or trustees under any...
• Section 94149.
  All moneys received pursuant to the authority of this chapter, whether as proceeds from selling or incurring bonds, or as revenue, shall be deemed to...
• Section 94150.
  (a) The authority may issue bonds of the authority for the purpose of refunding any bonds or notes of the authority then outstanding, including the payment...
• Section 94151.
  (a) The authority is hereby authorized to loan funds to a participating institution and to provide for the issuance of bonds for the purpose of refinancing...
• Section 94152.
  Bonds and notes issued by the authority under the provisions of this chapter are hereby made securities in which all banks, bankers, savings banks, trust...
• Section 94154.
  The State of California pledges and agrees with the holders of the bonds, notes, and other obligations issued pursuant to authority contained in this chapter,...
• Section 94155.
  On or before March 31 in each year the authority shall make an annual report of its activities for the preceding calendar year to the...
• Section 94156.
  The exercise of the powers granted by this chapter will be in all respects for the benefit of the people of this state, for the...

Last modified: October 22, 2018