§ 92471 Revenue Bond Issuance Rules

• •The regents decide when and how to give out revenue bonds.
• •They also decide the way these bonds will look and work.
• •This rule was made in 1976.

Imagine a school wants to build a new playground but doesn't have enough money right now.

The regents can decide to issue revenue bonds to get the money needed. They will figure out when to give these bonds, how they will look, and how they will work to pay for the playground.