California Code of Regulations › Title 4 - Business Regulations › Division 15 - California School Finance Authority › Article 5 - Charter Access to Bank Loan Enhancement (Charter Able) Program › Section 10200.9 - Definitions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The following words and phrases shall have the meaning as
				  described below:
(a) "Applicant" shall
				mean the Charter School, school district, or educational management
				organization applying on behalf of a Charter School for an award under this
				Article.
(b) "Authority" shall mean
				the California School Finance Authority.
(c) "Awardee" shall mean an Applicant awarded
				program funds on behalf of a Charter School.
(d) "Bank Loan Program" shall mean the
				Authority's financing program established through Education Code 17180, et
				seq.
(e) "Charter ABLE Program
				Application" shall mean Form CSFA 03-22 (rev. March 2022) incorporated herein
				by reference.
(f) "Charter
				Authorizer" shall mean the governing board of the school district, county board
				of education, or the State Board of Education, that granted a school's petition
				to become a Charter School pursuant to Education Code section
				47605.
(g) "Charter School" shall mean a school
				established pursuant to Education Code section
				47600 et
				seq. that also meets the federal definition of Charter School as defined in
				section 5210(1) of the
				Elementary and Secondary Education Act of 1965 (20 USCA section
				7221(i)), as amended by the
				No Child Left Behind Act of 2001.
(h) "ED" shall mean the U.S. Department of
				Education.
(i) "ESEA" shall mean
				the Elementary and Secondary Education Act of 1965 (20 USCA section
				7221(i)).
(j) "Financing" shall mean one or more series
				of conduit bonds issued by the California School Finance Authority within a
				60-day period to finance the Applicant's project pursuant to the same plan of
				financing with bond repayment expected to be from the same source of
				funds.
(k) "NCLB" shall mean the No
				Child Left Behind Act of 2001.
(l)
				"Program" shall mean the Charter Access to Bank Loan Enhancement (Charter ABLE)
				(CFDA #84.354A).
(m) "Trustee"
				shall mean a financial institution approved by the Authority for the purpose of
				holding and administering the grant award.
1. New section
				  filed 3-21-2022 as an emergency; operative 3-21-2022 (Register 2022, No. 12). A
				  Certificate of Compliance must be transmitted to OAL by 9-19-2022 or emergency
				  language will be repealed by operation of law on the following
				  day.
2. New section refiled 9-21-2022 as an emergency; operative
				  9-21-2022 (Register 2022, No. 38). A Certificate of Compliance must be
				  transmitted to OAL by 12-20-2022 or emergency language will be repealed by
				  operation of law on the following day.
3. New section refiled
				  12-19-2022 as an emergency; operative 12-21-2022 (Register 2022, No. 51). A
				  Certificate of Compliance must be transmitted to OAL by 3-21-2023 or emergency
				  language will be repealed by operation of law on the following
				  day.
4. Certificate of compliance as to 12-19-2022 order including
				  change without regulatory effect amending document Form CSFA 03-22
				  (incorporated by reference) transmitted to OAL 3-17-2023 and filed 5-1-2023
				  (Register 2023, No. 18).
Note: Authority cited: Sections
					 17179 and
					 17180,
					 Education Code. Reference: Sections
					 17173,
					 47604,
					 47604.1,
					 47604.2,
					 47605 and
					 47612.5(e)(1),
					 Education Code.