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2023 California Code
Education Code - EDC
TITLE 3 - POSTSECONDARY EDUCATION
DIVISION 9 - UNIVERSITY OF CALIFORNIA
PART 57 - UNIVERSITY OF CALIFORNIA
CHAPTER 5 - The University of California Revenue Bond Act of 1947
ARTICLE 3 - Revenue Bonds
Section 92483.
Universal Citation:
CA Educ Code § 92483 (2023)
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92483. All costs and expenses incident to the issuance and sale of bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction, or completion of which the bonds have been issued, and for a period of not to exceed two years after the completion of the actual construction of the project as provided for in the indenture.
(Enacted by Stats. 1976, Ch. 1010.)
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