Cal. EDC § 16158
This is the official text of Cal. EDC § 16158, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
Whenever one or more state-aided districts are included in whole in an acquiring district, and the acquiring district applies for and receives an apportionment, then after the effective date of the inclusion and upon the approval of the application of the acquiring district, the governing board of each component state-aided district shall immediately transfer to the acquiring district all moneys of the component district which are required to be, or have been, earmarked for a project or projects of the district. The acquiring district, upon the transfer to it of the funds, may expend the funds for any projects of the acquiring district as to which its application was approved.
Status: in_force · Read it on the official government site
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