California Legal Codes and Statutes

§ 94142

Enacted by Stats. 1976, Ch. 1010.

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.

Cite this section

Cal. Educ. Code § 94142 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-10-private-postsecondary-and-higher-education-institutions/part-59-private-postsecondary-and-higher-education-institutions/chapter-2-california-educational-facilities-authority-act/article-4-powers-and-duties-notes-and-bonds/section-94142

Other sections in Article 4 - Powers and Duties; Notes and Bonds

§ 94140§ 94141§ 94142§ 94143§ 94144§ 94145§ 94145.5§ 94146§ 94147§ 94148§ 94149§ 94150§ 94151§ 94152§ 94154§ 94155§ 94156

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.