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California · Through 2026-09-13

EDC § 94142

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Where this section sits in the code
  1. Education Code - EDC
  2. TITLE 3. POSTSECONDARY EDUCATION [66000. - 101460.]
  3. DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000. - 95010.]
  4. PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000. - 95010.]
  5. CHAPTER 2. California Educational Facilities Authority Act [94100. - 94213.]
  6. ARTICLE 4. Powers and Duties; Notes and Bonds [94140. - 94156.]

The authority shall establish financial eligibility standards by studying the creditworthiness and earning capacity of each project together with the amount of pledged revenues, debt service coverage, and basic security, in addition to establishing machinery to monitor the ongoing compliance of each project with state authority and bond indenture requirements.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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