The authority may carry insurance in such amount as it deems proper to cover any accident or destruction in part or in whole to the toll tunnel until all bonds sold for the acquisition or construction of such toll tunnel and interest accrued thereon have been fully redeemed and paid.
Cal. Sts. & High. Code § 31221
Insurance of Property
Known as the El Dorado County Toll Tunnel Authority Act
The act spans §§ 31100–31246 (92 sections).
Added by Stats. 1968, Ch. 923.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.