California Statutes
§ 40592. — 40592. (Added by Stats. 1963, Ch. 1227.)
California·Code GOV Government Code - GOV·Div. 3.·Title 4. DIVISION 3. OFFICERS·Part 2. PART 2. LEGISLATIVE BODY·Ch. 19. CHAPTER 19. Surplus United States Property·Art. 8. ARTICLE 8. Financial
The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient:
(a)To pay the costs of administration and operation of the authority;
(b)To pay the costs of maintaining, operating and improving its properties;
(c)To pay the interest on its contracts or bonds;
(d)To provide a fund for the principal of its contracts and bonds as they come due.
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California § 40592. (40592. (Added by Stats. 1963, Ch. 1227.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1963, Ch. 1227.