EDUCATION CODE
SECTION 15600
15600. The State School Building Finance Committee or other
governmental body empowered to make a determination of whether any or
all of the bonds authorized to be issued by the state, under
legislation enacted following the effective date of this section, for
the purpose of assisting local school districts in the acquisition
of sites, the construction of school buildings and related
facilities, and the purchase of furniture and equipment, may instruct
the Treasurer to include in the bonds, or any of them, provisions
permitting their call and redemption at the option of the state prior
to their maturity and indicating the price at which such bonds shall
be subject to redemption; and it shall be the duty of the Treasurer
to comply therewith. No bonds shall be subject to call or redemption
prior to maturity unless they contain a recital to that effect.
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