California § 14553.4. 14553.4. (Amended by Stats. 2004, Ch. 793, Sec. 2.)

California Statutes

§ 14553.4. — 14553.4. (Amended by Stats. 2004, Ch. 793, Sec. 2.)

California § 14553.4.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.3.

Title 2.DIVISION 3. EXECUTIVE DEPARTMENT

Part 5.3.PART 5.3. CALIFORNIA TRANSPORTATION COMMISSION

Ch. 4.CHAPTER 4. Federal Highway Grant Anticipation Notes

Art. 3.ARTICLE 3. Selection of Projects

This text of California § 14553.4. (14553.4. (Amended by Stats. 2004, Ch. 793, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 14553.4. (2026).

Text

The Treasurer may not authorize the issuance of notes if the annual repayment obligations of all outstanding notes in any fiscal year would exceed 15 percent of the total amount of federal transportation funds deposited in the State Highway Account in the State Transportation Fund for any consecutive 12-month period within the preceding 24 months.

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