Subject to Section 44562, the existence of the authority may be terminated at any time by the Legislature. Upon dissolution of the authority, the title to all properties owned by it shall vest in and become the property of the State of California and shall not inure to the benefit of any private party.
Cal. Health & Safety Code § 44557
Construction and Leases of Facilities
Known as the Capital Programs and Climate Financing Authority Act
The act spans §§ 44500–44563 (75 sections).
Repealed and added by Stats. 1979, Ch. 839.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.