{"data":{"id":"us-ca/edc-94142","jurisdiction":"us-ca","citation":"EDC § 94142","heading":"","body":"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.","path":["Education Code - EDC","TITLE 3. POSTSECONDARY EDUCATION [66000. - 101460.]","DIVISION 10. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000. - 95010.]","PART 59. PRIVATE POSTSECONDARY AND HIGHER EDUCATION INSTITUTIONS [94000. - 95010.]","CHAPTER 2. California Educational Facilities Authority Act [94100. - 94213.]","ARTICLE 4. Powers and Duties; Notes and Bonds [94140. - 94156.]"],"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":"94a4b64d49abece6889435f7cfe5f4204335b253d67b30e5111ab4a3a78483d5","source_id":"us-ca","stale":false,"prev":"us-ca/edc-94141","next":"us-ca/edc-94143"},"notice":"GroundRules: Original legal text. Not legal advice."}