California Code of Regulations
Title 4 - Business Regulations
Division 15 - California School Finance Authority
Article 5 - Charter Access to Bank Loan Enhancement (Charter Able) Program
Section 10200.9 - Definitions
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
The following words and phrases shall have the meaning as described below:
(a) "Applicant" shall mean the Charter School, school district, or educational management organization applying on behalf of a Charter School for an award under this Article.
(b) "Authority" shall mean the California School Finance Authority.
(c) "Awardee" shall mean an Applicant awarded program funds on behalf of a Charter School.
(d) "Bank Loan Program" shall mean the Authority's financing program established through Education Code 17180, et seq.
(e) "Charter ABLE Program Application" shall mean Form CSFA 03-22 (rev. March 2022) incorporated herein by reference.
(f) "Charter Authorizer" shall mean the governing board of the school district, county board of education, or the State Board of Education, that granted a school's petition to become a Charter School pursuant to Education Code section 47605.
(g) "Charter School" shall mean a school established pursuant to Education Code section 47600 et seq. that also meets the federal definition of Charter School as defined in section 5210(1) of the Elementary and Secondary Education Act of 1965 (20 USCA section 7221(i)), as amended by the No Child Left Behind Act of 2001.
(h) "ED" shall mean the U.S. Department of Education.
(i) "ESEA" shall mean the Elementary and Secondary Education Act of 1965 (20 USCA section 7221(i)).
(j) "Financing" shall mean one or more series of conduit bonds issued by the California School Finance Authority within a 60-day period to finance the Applicant's project pursuant to the same plan of financing with bond repayment expected to be from the same source of funds.
(k) "NCLB" shall mean the No Child Left Behind Act of 2001.
(l) "Program" shall mean the Charter Access to Bank Loan Enhancement (Charter ABLE) (CFDA #84.354A).
(m) "Trustee" shall mean a financial institution approved by the Authority for the purpose of holding and administering the grant award.
1. New section
filed 3-21-2022 as an emergency; operative 3-21-2022 (Register 2022, No. 12). A
Certificate of Compliance must be transmitted to OAL by 9-19-2022 or emergency
language will be repealed by operation of law on the following day.
2.
New section refiled 9-21-2022 as an emergency; operative 9-21-2022 (Register 2022,
No. 38). A Certificate of Compliance must be transmitted to OAL by 12-20-2022 or
emergency language will be repealed by operation of law on the following
day.
3. New section refiled 12-19-2022 as an emergency; operative
12-21-2022 (Register 2022, No. 51). A Certificate of Compliance must be transmitted
to OAL by 3-21-2023 or emergency language will be repealed by operation of law on
the following day.
4. Certificate of compliance as to 12-19-2022 order
including change without regulatory effect amending document Form CSFA 03-22
(incorporated by reference) transmitted to OAL 3-17-2023 and filed 5-1-2023
(Register 2023, No. 18).
Note: Authority cited: Sections 17179 and 17180, Education Code. Reference: Sections 17173, 47604, 47604.1, 47604.2, 47605 and 47612.5(e)(1), Education Code.
