Except for the necessity to finance its interim system of buses and ferries, as described in Section 27551, or the necessity to finance capital improvements or modifications relating to seismic safety of the bridge, the district shall not issue general obligation bonds, revenue bonds, or any other form of long-term indebtedness.
Cal. Sts. & High. Code § 27556
Powers and Functions
Known as the Bridge and Highway District Act
The act spans §§ 27000–27567 (174 sections).
Amended by Stats. 1992, Ch. 166, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.