Public-domain · open source
OpenJurist

Cal. Sts. & High. Code § 31168

Bonds

Known as the El Dorado County Toll Tunnel Authority Act

The act spans §§ 31100 to 31246 (92 sections).

Added by Stats. 1968, Ch. 923.

Bonds issued pursuant to this chapter shall not constitute or be a debt, liability, or obligation of the state or El Dorado County. The payment of both principal and interest of all bonds shall be secured only by the tolls or other revenues collected from the toll tunnel, other revenues and interest thereon, and sinking funds created therefrom received by the authority, and shall be paid from such tolls or revenues or from such other contributions or appropriations as may be made available pursuant to this chapter.

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