Section 17462.7 Of Article 4. Sale Or Lease Of Real Property From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 4.
17462.7
. The board shall reduce an apportionment of hardship
assistance awarded to a school district pursuant to Article 8
(commencing with Section 17075.10) by an amount equal to the amount
of any proceeds from the sale of surplus property used for a one-time
expenditure of the school district pursuant to Section 17462.5 for
five years following the expenditure.