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Cal. Pub. Util. Code § 102581

Temporary Borrowing

Known as the Sacramento Regional Transit District Act

The act spans §§ 102000–102700 (163 sections).

Added by Stats. 1971, Ch. 1374.

At any time prior to the first receipt by the district of revenues from taxation or other sources, any city or county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of city and county funds.

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