Section 100432 Of Article 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions From California Education Code >> Division 14. >> Title 3. >> Part 68. >> Chapter 2. >> Article 2.
100432
. Upon request of the State Allocation Board from time to
time, supported by a statement of the apportionments made and to be
made for the purposes described in Sections 100415 and 100420, the
State School Building Finance Committee shall determine whether or
not it is necessary or desirable to issue bonds authorized pursuant
to this chapter in order to fund the apportionments and, if so, the
amount of bonds to be issued and sold. Successive issues of bonds may
be authorized and sold to fund those apportionments progressively,
and it is not necessary that all of the bonds authorized to be issued
be sold at any one time.