reglab/statecodes huggingface dataset:
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 1.5 - The Richard McKee Transparency Act of 2011 › Section 89918.5.

89918.5. Any provision in a contract entered into after the effective date of this article between an auxiliary organization and another party that would prevent the disclosure of information required to be disclosed pursuant to this article is void and unenforceable, and such a provision shall not justify a failure to comply with the requirements of this article.
(Added by Stats. 2011, Ch. 247, Sec. 2. (SB 8) Effective January 1, 2012.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 1.5 - The Richard McKee Transparency Act of 2011 › Section 89919.

89919. This article shall not apply to any records subject to a request made pursuant to the California Public Records Act, as set forth in Division 10 (commencing with Section 7920.000) of Title 1 of the Government Code.
(Amended by Stats. 2021, Ch. 615, Sec. 86. (AB 474) Effective January 1, 2022. Operative January 1, 2023, pursuant to Sec. 463 of Stats. 2021, Ch. 615.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89920.

89920. Each governing board, or any subboard of the governing board, of an auxiliary organization shall conduct its business in public meetings. All governing board and subboard meetings shall be open and public, and all persons shall be permitted to attend any meeting of the governing board or subboard of an auxiliary organization, except as otherwise provided in this article.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89921.

89921. Each governing board and subboard shall annually establish, by resolution, bylaws, or whatever other rule is required for the conduct of business by that body, the time and locations for holding regular meetings. Each governing board and subboard shall, at least one week prior to the date set for the meeting, give written notice of every regular meeting, and any special meeting which is called, at least one week prior to the date set for the meeting, to any individual or medium that has filed a written request for notice. Any request for notice filed pursuant to this section shall be valid for one year from the date on which it is filed unless a renewal request is filed.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89922.

89922. A special meeting may be called at any time by the presiding officer of a governing board or subboard, or by a majority of the members of the governing board or subboard, by delivering personally or by mail written notice to each member of the board or subboard, and to any medium or other party to be directly affected by a meeting, or any other person who has requested notice in writing. The call and notice of a special meeting shall be delivered at least 24 hours prior to any meeting and shall specify the time and place of the special meeting and the business to be transacted. No other business shall be considered at these meetings by the governing board or subboard. Written notice may be dispensed with as to any member who, at or prior to the time the meeting convenes, files with the clerk or the secretary of the governing board or subboard a written waiver of notice. The waiver may be given by telegram. Written notice may also be dispensed with as to any member who is actually present at the meeting at the time it convenes.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89923.

89923. Any governing board or subboard may hold closed sessions to consider matters relating to litigation, collective bargaining, or the appointment, employment, evaluation of performance, or dismissal of an employee, or to hear complaints or charges brought against an employee by another person or employee, unless the employee requests a public hearing. For the purposes of this section, “employee” does not include any person elected or appointed to an office. A board or subboard, upon a favorable majority vote of its members, may also hold a closed session to discuss investments where a public discussion could have a negative impact on the auxiliary organization’s financial situation. In this case, a final decision shall only be made during public sessions.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89924.

89924. No governing board or subboard shall take action on any issue until that issue has been publicly posted for at least one week.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89925.

89925. Each auxiliary organization shall establish, by constitution, statute, bylaws, or resolution, provisions for elections of officers and board members. These provisions shall be designed to allow all those eligible to vote complete access to all information on issues and candidates. These provisions shall include, but not be limited to, provisions for sample ballots, numbers of days and hours for voting, polling locations, and notice of elections.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89926.

89926. Where the constitution or articles of incorporation of an associated students auxiliary organization provides for a judiciary or judicial council with powers separate from the governing board of the auxiliary organization, decisions rendered by the judiciary or judicial council shall be final.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89927.

89927. Each member of a governing board pursuant to this article who attends a meeting of the governing board where action is taken in violation of any provision of this article, with knowledge of the fact that the meeting is in violation of this article, is guilty of a misdemeanor.
(Added by Stats. 1984, Ch. 1158, Sec. 2.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 7 - Auxiliary Organizations › ARTICLE 2 - Meetings, Elections, and Judicial Determinations › Section 89928.

89928. This article is not applicable to either of the following:
(a) Any entity formed or operating pursuant to Section 89300.
(b) The governing board of any statewide student organization that represents the students of the California State University.
(Amended by Stats. 2000, Ch. 330, Sec. 2. Effective January 1, 2001.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 1 - Housing › Section 90000.

90000. Student housing facilities may be established and maintained at any state university for the accommodation of students of the university.
(Amended by Stats. 2000, Ch. 285, Sec. 7. Effective January 1, 2001.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 1 - Housing › Section 90001.

90001. The trustees may require unmarried minor students of the state university, not living with a parent or guardian, to reside in private homes or other dwellings approved by the university, or to occupy student housing facilities provided at the university by the state.
(Amended by Stats. 2000, Ch. 285, Sec. 8. Effective January 1, 2001.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 1 - Housing › Section 90001.5.

90001.5. (a) In order to ensure that current and former homeless youth and current and former foster youth who are students at campuses of the California State University have stable housing, each campus of the California State University that maintains student housing facilities shall give priority to current and former homeless youth and current and former foster youth. In addition, each campus of the California State University that maintains student housing facilities open for occupation during school breaks, or on a year-round basis, shall first give priority to current and former homeless youth and current and former foster youth for residence in the housing facilities that are open for uninterrupted year-round occupation and provide this housing to current and former homeless youth and current and former foster youth at no extra cost during academic or campus breaks, and next give priority to current and former homeless youth and current and former foster youth for housing that is open for occupation during the most days in the calendar year.
(b) In addition, each campus of the California State University is requested to develop a plan to ensure that current and former homeless youth and current and former foster youth can access housing resources as needed during and between academic terms, including during academic and campus breaks, regardless of whether the campus maintains student housing facilities.
(c) As used in this section, a “homeless youth” means a student under 25 years of age, who has been verified, in the case of a former homeless youth, at any time during the 24 months immediately preceding the receipt of his or her application for admission by a campus of the California State University, as a homeless child or youth, as defined in subsection (2) of Section 725 of the federal McKinney-Vento Homeless Assistance Act (42 U.S.C. Sec. 11434a(2)), by at least one of the following:
(1) A homeless services provider, as defined in paragraph (3) of subdivision (d) of Section 103577 of the Health and Safety Code.
(2) The director, or his or her designee, of a federal TRIO program or a Gaining Early Awareness and Readiness for Undergraduate Programs program.
(3) A financial aid administrator.
(d) For purposes of this section, a student who is verified as a former homeless youth pursuant to subdivision (c) shall retain that status for a period of six years from the date of admission.
(Amended by Stats. 2015, Ch. 571, Sec. 3. (AB 1228) Effective January 1, 2016.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 1 - Housing › Section 90002.

90002. All student housing and any other related facilities operated by the College Auxiliary Enterprise Fund are hereby designated a “project” under the State University Revenue Bond Act of 1947 and subject to the provisions of that act. All assets, liabilities, and fund balances of the College Auxiliary Enterprise Fund are hereby transferred from that fund to a separate account to be established by the trustees within the California State University Dormitory Revenue Fund.
(Amended by Stats. 1985, Ch. 106, Sec. 25.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90010.

90010. This article may be cited as “The State University Revenue Bond Act of 1947.”
(Amended by Stats. 1985, Ch. 106, Sec. 27.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90012.

90012. The board, for the purposes of this article, has power and is hereby authorized, in addition to and amplification of all other powers conferred upon the board by the Constitution of the State of California or by any statute of the State of California:
(a) To acquire, subject to the Property Acquisition Law (Part 11 (commencing with Section 15850) of Division 3 of Title 2 of the Government Code), by grant, purchase, gift, devise, or lease, and to hold and use, any real or personal property necessary, convenient, or useful for the carrying on of any of its powers pursuant to this article.
(b) To construct, operate, and control any project.
(c) To fix rates, rents, or other charges for the use of any project acquired, constructed, equipped, furnished, operated or maintained by the board, or for services rendered in connection therewith, and to alter, change, or modify the same at its pleasure, subject to any contractual obligation that may be entered into by the board with respect to the fixing of rates, rents, or charges.
(d) To enter into covenants to increase rates or charges from time to time as may be necessary pursuant to any contract or agreement with the holders of any bonds of the board.
(e) At any time and from time to time, to issue revenue bonds in order to raise funds for the purpose of establishing any project or of acquiring lands for any project, or of acquiring, constructing, improving, equipping, furnishing, financing, or refinancing any project, including payment of principal and interest on revenue bond anticipation notes, or for any combination of these purposes, which bonds may be secured as provided in this article.
(f) At any time, and from time to time, in connection with the financing or refinancing of any project, to loan or advance proceeds of revenue bonds or revenue bond anticipation notes to any person or state or local governmental entity, and to enter into loan agreements, leases, installation purchase agreements, conditional sales contracts, and similar financing instruments with the recipient of that loan or advance, all upon terms and conditions determined by the board.
(g) At any time and from time to time, to issue revenue bond anticipation notes pursuant to Section 90013.
(h) To adopt rules and regulations as may be necessary to enable the board to exercise the powers and to perform the duties conferred or imposed upon the board by this article.
(i) Nothing contained in this section or elsewhere in this article shall be construed directly or by implication to be in derogation of or in limitation of powers conferred upon or existing in the board by the Constitution or statutes of this state.
(Amended by Stats. 2007, Ch. 352, Sec. 2. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90013.

90013. (a) The board may issue revenue bond anticipation notes, in anticipation of the sale of revenue bonds. Before issuing any of these notes, the board shall, by resolution, authorize their issuance, declare the purpose for which the proceeds of the notes shall be expended, and specify the maximum amount of notes to be issued for that purpose.
(b) Revenue bond anticipation notes shall bear interest at the fixed or variable rate or rates determined by the board, not exceeding 12 percent per annum, payable in the time, form, and manner set forth in the indenture for the notes, and shall mature on the date or dates determined by the board and set forth in the resolution or indenture authorizing their issuance.
(c) The proceeds from the sale of notes shall be used only for the purposes for which the proceeds of the sale of bonds may be used in anticipation whereof the notes are issued.
(d) All notes issued, including renewal notes, and the interest thereon shall be payable from the proceeds of the sale of the bonds, the revenues of the project, any appropriations made for that purpose or all of these sources, and not otherwise, except that if the sale of the bonds has not occurred prior to the maturity of the notes issued in anticipation thereof, the board may issue renewal notes to pay the notes then maturing. No renewal notes shall be issued after the sale of the bonds in anticipation of which the original note was issued.
(e) Revenue bond anticipation notes may be secured by a pledge of, and lien upon, the proceeds of the sale of bonds, the revenues of the project, and any other legally available funds.
(f) A resolution or indenture authorizing the issuance of revenue bond anticipation notes may include provisions deemed necessary or advisable by the board for the security of the notes issued thereunder, and may include any and all provisions authorized to be included in indentures by this article.
(Amended by Stats. 2007, Ch. 352, Sec. 3. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90014.

90014. Notes authorized to be issued under this article shall be sold by the Treasurer, for cash, in the manner that the Treasurer shall be directed by a resolution requesting the sale adopted by the board. Notes in the form of commercial paper notes shall be sold in the manner specified in the indenture for the notes.
(Amended by Stats. 2007, Ch. 352, Sec. 4. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90015.

90015. The validity of the authorization and issuance of any revenue bonds or revenue bond anticipation notes by the board is not dependent on nor affected in any way by:
(a) Proceedings taken by the board for the acquisition, construction or completion of any project or any part thereof.
(b) Any contracts made by the board in connection with the acquisition, construction or completion of any project.
(c) The failure to complete any project for which bonds or notes are authorized to be issued.
(Amended by Stats. 1988, Ch. 740, Sec. 6.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90016.

90016. The board shall issue revenue bonds and revenue bond anticipation notes in its name and as its obligation, but no bond or note issued or sold pursuant to this article shall be or become a lien, charge, or liability against the State of California or against the board or against the property or funds of either, except, in the case of revenue bonds, to the extent of the pledge of revenues or part of revenues of the project, as may be provided by the indenture pursuant to which revenue bonds are issued, and, in the case of notes, to the extent of the pledge of revenues of the project and proceeds of the sale of bonds, as may be provided in the resolution or indenture authorizing the issuance of the notes. Each of these bonds and notes issued by the board shall contain a recital on the face thereof, stating that neither the payment of the principal nor any part thereof, nor any interest thereon, constitutes a debt, liability, or obligation of the State of California.
(Amended by Stats. 2007, Ch. 352, Sec. 5. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90017.

90017. The board shall determine the time, form, and manner of the issuance of revenue bonds and revenue bond anticipation notes.
(Amended by Stats. 1988, Ch. 740, Sec. 8.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90018.

90018. The board may enter into indentures providing for the aggregate principal amount, date or dates, maturities, interest rates, denominations, form, registration, transfer and interchange of any revenue bonds and coupons issued pursuant to this article, and the terms and conditions on which the same shall be executed, issued, secured, sold, paid, redeemed, funded, and refunded. Reference on the face of the bonds to the indenture by its date of adoption, or the apparent date on the face thereof, is sufficient to incorporate all of the provisions thereof and of this article into the body of the bonds and their appurtenant coupons. Each taker and subsequent holder of the bonds or coupons, whether the coupons are attached to or detached from the bonds, has recourse to all of the provisions of the indenture and of this article, and is bound thereby.
(Amended by Stats. 1988, Ch. 740, Sec. 9.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90019.

90019. An indenture pursuant to which bonds are issued may include any and all of the covenants and agreements on the part of the board as the board deems necessary or advisable for the better security of the bonds issued thereunder.
(Amended by Stats. 1988, Ch. 740, Sec. 10.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90020.

90020. An indenture may provide that payments of principal and interest of bonds shall be secured by all or by part of revenues.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90021.

90021. An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay or cause to be paid punctually the principal of all such bonds and the interest thereon on the date or dates, or at the place or places, and in the manner mentioned in such bonds and in the coupons appertaining thereto in accordance with such indenture.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90022.

90022. An indenture may include a clause relating to the bonds issued thereunder, requiring the board to operate the project continuously, to the extent practicable under conditions as they may from time to time exist, in an efficient and economical manner.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90023.

90023. An indenture may include a clause relating to the bonds issued thereunder requiring the board to make all necessary repairs, renewals and replacements to any project, and to keep the project at all times in good repair, working order and condition.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90024.

90024. An indenture may include a clause relating to the bonds issued thereunder requiring the board to preserve and protect the security of the bonds and the rights of the holders thereof and to warrant and defend such rights.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90025.

90025. An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay and discharge or cause to be paid and discharged all lawful claims for labor, materials and supplies or other charges which, if unpaid, might become a lien or charge upon the revenues, or any part thereof, of any project acquired, constructed or completed from the proceeds of the sale of the bonds, or upon any physical properties, or which might impair the security of the bonds.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90026.

90026. An indenture may include a clause relating to the bonds issued thereunder which limits, restricts, or prohibits any right, power or privilege of the board to mortgage or otherwise encumber, sell, lease or dispose of any improvements constructed from the proceeds of the bonds, or to enter into any lease or agreement which impairs or impedes the operation of a project, or any part thereof, necessary to secure adequate revenues or which otherwise impairs or impedes the rights of the holders of the bonds with respect to such revenues.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90027.

90027. An indenture may include a clause relating to the bonds issued thereunder requiring the board to fix, prescribe, and collect rates, rentals, or other charges in connection with the services and facilities furnished from the project acquired, constructed, or purchased from part or all of the proceeds of the bonds, or from the revenues securing the bonds, sufficient to pay the principal of and interest on the bonds as they become due and payable, together with additional sums that may be required for any fund created by this article, for the further security of the bonds or as a depreciation charge or other charge in connection with the project.
(Amended by Stats. 2007, Ch. 352, Sec. 6. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90028.

90028. An indenture may include a clause relating to the bonds issued thereunder requiring the board to hold or cause to be held in trust the revenues or any part of revenues pledged to the payment of such bonds and the interest thereon, or to any reserve or other fund created by this article for the further protection of the bonds, and to apply such revenues or any part of revenues or cause them to be applied only as provided in the indenture.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90029.

90029. An indenture may include a clause defining the power of the board in applying the proceeds of the sale of any issue of bonds for the acquiring, constructing, or completing of any project or any part thereof.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90030.

90030. An indenture may include a clause limiting the power of the board to issue additional bonds for the purpose of acquiring, constructing or completing any project or any part thereof.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90031.

90031. An indenture may include a clause requiring, specifying or limiting the kind, amount and character of insurance to be maintained by the board on any project, or any part thereof, and the use and disposition of the proceeds of any such insurance thereafter collected.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90032.

90032. An indenture may include a clause providing the events of default and the terms and conditions upon which any or all of the bonds of the board then or thereafter issued may become or be declared due and payable prior to maturity, and the terms and conditions upon which such declaration and its consequences may be waived.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90033.

90033. An indenture may include a clause designating the rights, limitations, powers and duties arising upon breach by the board of any of the covenants, conditions, or obligations contained in any indenture.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90034.

90034. An indenture may include a clause prescribing a procedure by which the terms and conditions of the indenture may be subsequently amended or modified with the consent of the board and the vote or written assent of the holders of a specified principal amount or specified proportion of the bonds issued and outstanding. The clause may provide for meetings of bondholders and for the manner in which the consent of the bondholders may be given. The clause shall specifically state the effect of the amendment or modification upon the rights of the holders of all of the bonds and interest coupons appertaining thereto, whether attached thereto or detached therefrom.
With respect to any clause providing for the modification or amendment of an indenture, the board may agree that bonds held by the Treasurer, the United States or any instrumentality thereof, or the State of California or any political subdivision thereof (including every municipal corporation, district, public corporation, board or agency of any kind or class) shall not be counted as outstanding bonds, or be entitled to vote or assent, but shall, nevertheless, be subject to any modification or amendment of this type.
(Amended by Stats. 1988, Ch. 740, Sec. 11.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90035.

90035. An indenture may include a clause or clauses providing for such other acts and matters as may be necessary or convenient or desirable in order better to secure the bonds or to make the bonds more marketable.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90036.

90036. The State Treasurer shall act as trustee for the board and the holders of bonds issued hereunder, and the board may authorize the trustee to act on behalf of the holders of the bonds, or any stated percentage thereof, and to exercise and prosecute on behalf of the holders of the bonds such rights and remedies as may be available to the holders. The board may provide in the indenture for the deposit of all revenues received from the project with the trustee to be held in a separate account in the California State University Dormitory Revenue Fund created by this article. The money in the fund shall be disbursed only as provided in the indenture.
(Amended by Stats. 1985, Ch. 106, Sec. 28.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90037.

90037. The board shall prescribe the duties and powers of the trustee with respect to the issuance, authentication, sale and delivery of the bonds and the payment of principal and interest thereof, the redemption of the bonds, the registration and discharge from registration of the bonds, and the management of any sinking fund or other funds provided as security for the bonds.
(Amended by Stats. 1988, Ch. 740, Sec. 12.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90038.

90038. The board may provide for one or several issues of bonds and may issue bonds in series or may divide any issue into one or more divisions and fix different maturities or dates of those bonds, different rates of interest, or prescribe different terms and conditions for the bonds of the several series or divisions. It is not necessary that all bonds of the same authorized issue be of the same kind or character, have the same security, or be of the same interest rate, but the terms thereof shall in each case be provided for by the board, at or prior to the issue thereof.
(Amended by Stats. 1988, Ch. 740, Sec. 13.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90039.

90039. Bonds may be issued as coupon bonds or as registered bonds. The board may provide for the interchange of coupon bonds for registered bonds and registered bonds for coupon bonds, and may provide that the bonds shall be registered as to principal only, or as to both principal and interest, or otherwise as the board may determine.
(Amended by Stats. 1988, Ch. 740, Sec. 14.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90040.

90040. Bonds shall bear interest at a fixed or variable rate of not to exceed 12 percent per annum, payable in the time, form, and manner set forth in the indenture for the bonds.
(Amended by Stats. 2007, Ch. 352, Sec. 7. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90041.

90041. Notwithstanding the provisions of Sections 90013, 90040, and 90048, the rate of interest which bonds or notes may bear and the yield resulting to the purchaser thereof may exceed the maximum rates specified in said sections to the extent of any debt service grant applicable to such interest which the United States of America has agreed, pursuant to any federal statute, to pay with respect to the bonds or notes.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90042.

90042. Bonds may be callable upon any terms, conditions, and upon any notice as the board may determine, and upon the payment of the premium as may be fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date unless the right to exercise the call is expressly stated on the face of the bond.
(Amended by Stats. 1988, Ch. 740, Sec. 15.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90043.

90043. The board may provide for the payment of the principal and interest of bonds at any place within or without the State of California, and in specified coin or currency of the United States.
(Amended by Stats. 1988, Ch. 740, Sec. 16.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90044.

90044. The board may provide for the execution and authentication of bonds and notes by the manual, lithographed or printed facsimile signature of officers of the board and, in the case of bonds, by additional authentication by the Treasurer as trustee. If any of the officers whose signatures or countersignatures appear upon the notes, bonds or coupons cease to be officers before the delivery of the notes, bonds or coupons, their signatures or countersignatures are nevertheless valid and of the same force and effect as if the officers had remained in office until the delivery of the notes, bonds or coupons.
(Amended by Stats. 1988, Ch. 740, Sec. 17.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90045.

90045. Bonds shall bear dates prescribed by the board. Bonds may be serial bonds or sinking fund bonds with those maturities as the board may determine. No bond by its terms shall mature in more than 50 years from its own date and, in the event any authorized issue is divided into two or more series or divisions, the maximum maturity date herein authorized shall be calculated from the date on the face of each bond separately, irrespective of the fact that different dates may be prescribed for the bonds of each separate series or division of any authorized issue.
(Amended by Stats. 1988, Ch. 740, Sec. 18.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90046.

90046. Immediately after the adoption of a resolution by the board directing the preparation of any bonds or notes authorized under this article, the Treasurer shall prepare the requisite number of suitable bonds or notes of the denominations, and in accordance with the specifications contained in such resolution.
(Amended by Stats. 1988, Ch. 740, Sec. 19.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90047.

90047. When the bonds authorized to be issued under this article are duly executed, they shall be sold by the Treasurer, for cash, in those parcels and numbers as the Treasurer shall be directed by a resolution adopted by the board. Before offering any of the bonds for sale, the Treasurer shall detach therefrom all coupons, if any, that have matured or will mature before the day fixed for the sale. Bonds in the form of commercial paper notes shall be sold in the manner specified in the indenture for the bonds.
(Amended by Stats. 2007, Ch. 352, Sec. 8. Effective January 1, 2008.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90048.

90048. Bonds and notes may be sold at either public or private sale. The board may fix terms and conditions for the sale or other disposition of any authorized issue of bonds or notes. The Treasurer, when authorized by resolution of the board may sell bonds and notes at less than their par or face value, but no bond or note may be sold at a price below the par or face value thereof which would result in a sale price yielding to the purchaser an average of more than 12 percent per annum, payable semiannually, according to standard tables of bond values.
(Amended (as amended by Stats. 1988, Ch. 740, Sec. 21) by Stats. 1989, Ch. 321, Sec. 9.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90049.

90049. The board may provide for the security of bonds. The board may use and expend all or any part of any funds or proceeds of any property owned by it, whether received by gift, appropriation or otherwise, if not restricted as to the use of such funds or proceeds of property by the terms of any gift or trust or provision of law for the redemption of bonds issued pursuant to the provisions of this article and the payment of interest due thereon.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90050.

90050. All costs and expenses incident to the issuance and sale of notes may be paid out of the proceeds of the sale of the notes. All costs and expenses incident to the issuance and sales of bonds and all costs and expenses incident to the redemption of revenue bond anticipation notes retired with proceeds from the sale of the bonds may be paid out of the proceeds of the sale of the bonds. Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction or completion of which the bonds have been issued, and for a period of not to exceed two (2) years thereafter as provided for in the indenture.
(Enacted by Stats. 1976, Ch. 1010.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90051.

90051. The board may provide that notes or bonds and the interest thereon shall be secured by all or by part of revenues of a project upon the basis of which the notes or bonds are issued or authorized to be issued, and shall constitute a lien upon the revenues of the project as may be provided for in the notes or in any indenture.
(Amended by Stats. 1988, Ch. 740, Sec. 23.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90052.

90052. Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denomination whatsoever, and with or without coupons, to be exchanged for definitive bonds when ready for delivery.
(Amended by Stats. 1988, Ch. 740, Sec. 24.)
2023 California Code › Education Code - EDC › TITLE 3 - POSTSECONDARY EDUCATION › DIVISION 8 - CALIFORNIA STATE UNIVERSITY › PART 55 - CALIFORNIA STATE UNIVERSITY › CHAPTER 8 - Housing and Auxiliary Services › ARTICLE 2 - The State University Revenue Bond Act of 1947 › Section 90053.

90053. The board may provide for the replacement of lost, destroyed or mutilated notes, bonds, and coupons.
(Amended by Stats. 1988, Ch. 740, Sec. 25.)