California Education Code ARTICLE 16 - Leasing of Equipment

• Section 81550.
  A community college district may, as lessee, enter into a lease or lease-purchase agreement for equipment or service systems with any person, firm, corporation or...
• Section 81551.
  Before a lease or lease-purchase agreement may be entered into, the lessee shall comply with all applicable provisions for bids and contracts prescribed by Article...
• Section 81552.
  The term of any lease or lease-purchase agreement shall not exceed the estimated useful life of the item but in no event shall the term...
• Section 81553.
  As a lessor, a community college district governing board is authorized to let, or let with option to purchase, any land, buildings, or equipment it...

Last modified: October 22, 2018