{"data":{"id":"us-ca/edc-15220","jurisdiction":"us-ca","citation":"EDC § 15220","heading":"","body":"The governing board of a school district or community college district may purchase in the open market bonds issued by the district. The cost of bonds purchased may be paid out of any funds of the district not required by law to be set aside for teachers’ salaries.","path":["Education Code - EDC","TITLE 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","DIVISION 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]","PART 10. SCHOOL BONDS [15100. - 17204.]","CHAPTER 1. Bonds of School Districts and Community College Districts [15100. - 15262.]","ARTICLE 7. Purchase of Bonds by Issuing School Districts and Community College Districts [15220. - 15221.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"36b599749fa928e6c7ac2d5fd4e5c73fc44b37d29eac78b1b7a546fb08d6ed93","source_id":"us-ca","stale":false,"prev":"us-ca/edc-15205","next":"us-ca/edc-15221"},"notice":"GroundRules: Original legal text. Not legal advice."}