Section 15144.1.

  1. Law
  2. California Code
  3. Code - EDC
  4. GENERAL EDUCATION CODE PROVISIONS
  5. 1 - GENERAL EDUCATION CODE PROVISIONS
  6. 10 - SCHOOL BONDS
  7. 1 - Bonds of School Districts and Community College Districts
  8. 3 - Issuance and Sale of Bonds
  9. Section 15144.1.

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The ratio of total debt service to principal for each bond series shall not exceed four to one.

(Added by Stats. 2013, Ch. 477, Sec. 2. (AB 182) Effective January 1, 2014.)


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