Section 16577 Of Article 5. Apportionments, Repayment From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 7. >> Article 5.
16577
. Notwithstanding Section 16572 to the contrary, if on or
before June 30th of the fiscal year in which the state project is
completed the district has received a final apportionment under
Sections 16000 to 16207, inclusive, or if at any time thereafter the
district receives a final apportionment under Sections 16000 to
16207, inclusive, the amount of the apportionment to the district
under this chapter then remaining unpaid shall, upon request of the
district, be added to the principal amount of the apportionment made
to the district under Sections 16000 to 16207, inclusive. Thereupon
the apportionment made to the district under this chapter shall be
deemed to be an apportionment made to the district under Sections
16000 to 16207, inclusive, and subject to repayment in the manner
therein prescribed, except that no interest shall be charged or
collected upon the amount which is added to the principal amount of
the apportionment made to the district under Sections 16000 to 16207,
inclusive. For the purposes of Section 16083, any amount added to
the principal amount of an apportionment pursuant to this section
shall be deemed to have become final and disbursed to the district on
the date the state project is deemed completed pursuant to Section
16571.