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Cal. Pub. Util. Code § 30262

Powers and Duties of Directors

Known as the Southern California Rapid Transit District Law

The act spans §§ 30000–33021 (249 sections).

Added by Stats. 1964, 1st Ex

To facilitate the business of the district, the board may provide for the creation and administration of such funds as the needs of the district may require. The funds shall be disbursed in accordance with rules established by the board and all payments from any fund shall be reported to the board.

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