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Legal Resources | Education Code |  EC  17462.7  

Sale or Lease of Real Property   

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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.

(Added by Stats. 2003, Ch. 891, Sec. 2.)

Reference:

Education Code 17075.10

Education Code 17462.5 (Repealed)