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HomeEducation CodeCh. 17§ 17161 School Technology Bond Definitions

§ 17161 School Technology Bond Definitions

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 17161 School Technology Bond Definitions

Key Takeaways

  • •This law is about money for school technology in California.
  • •It creates a special group called the 'California School Financing Authority' to handle the money.
  • •The money comes from selling special papers called 'bonds' that people can buy to help schools.
  • •The money is kept in a special pot called the 'School Technology Pooled Revenue Bond Fund'.

Example

A school wants to buy new computers for students.

The school can ask the California School Financing Authority for money from the special pot. The authority can sell bonds to get the money needed to buy the computers.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 17161 School Technology Bond Definitions

For the purpose of this article the following terms have the following meanings: (a) “Act” means the Archie-Hudson and Cunneen School Technology Revenue Bond Act. (b) “Authority” means the California School Financing Authority established pursuant to Section 17172. (c) “Bond” means bonds, notes, bond anticipation notes, commercial paper, and any other evidences of indebtedness. (d) “Fund” means the School Technology Pooled Revenue Bond Fund established pursuant to subdivision (c) of Section 17162. (e) “School district” means school district or county office of education. (Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)

Last verified: January 23, 2026

Key Terms

ActAuthorityBondFundSchool district

Related Statutes

  • § 17173 School Finance Definitions
  • § 17160 Educational Technology Infrastructure Funding
  • § 17162 Bond Issuance Limitations
  • § 17163 School District Lottery Bond Pledge
  • § 17163.5 Lottery Fund Bond Payments

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 17161.
View Official Source