Section 15149 Of Article 3. Issuance And Sale Of Bonds From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 1. >> Article 3.
15149
. The issuing school district or community college district by
action of its governing board may prepare, or have prepared, bond
brochures to serve as a prospectus for bond buyers to assist in the
satisfactory sale of the bonds, the expense of the brochures to be
payable out of the funds of the district. The brochures may be
prepared only after the issuance of the bonds to be sold has been
approved by the electors of the district pursuant to Sections 15120
to 15126, inclusive.
The issuing school district or community college district by
action of its governing board may expend district funds for the
purposes of advertising the availability of the bonds for purchase in
any publication or newspaper which in the opinion of the governing
board will give notice to prospective bond buyers that the bonds are
available for purchase by bond buyers.