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Cal. Sts. & High. Code § 31222

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.

All money collected on any indemnity bond or insurance policy as the result of any damage or injury to the toll tunnel shall be used for the purpose of repairing or rebuilding the toll tunnel, as long as there are revenue bonds against such structure outstanding and unredeemed.

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