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Cal. Gov. Code § 92252

Bonds and Notes

Known as the California Passenger Rail Financing Commission Act

The act spans §§ 92000–92354 (69 sections).

Added by Stats. 1982, Ch. 1553, Sec. 2.

The commission may, from time to time, issue its negotiable bonds, notes, debentures, or other securities, collectively called “bonds” for any corporate purpose.

The bonds may be authorized, without limiting the generality of the foregoing, to finance a single project for a single participating party, a series of projects for a single participating party, a single project for several participating parties, or several projects for several participating parties.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.