California Statutes
§ 92270. — 92270. (Added by Stats. 1982, Ch. 1553, Sec. 2.)
California § 92270.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Title 11.TITLE 11. CALIFORNIA PASSENGER RAIL FINANCING COMMISSION ACT
Ch. 5.CHAPTER 5. Bonds and Notes
This text of California § 92270. (92270. (Added by Stats. 1982, Ch. 1553, 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 § 92270. (2026).
Text
No liability shall be incurred by the commission in excess of the amount of money which has been provided under this title, except that, for the purposes of meeting the necessary expenses of initial organization and operation until such date that the commission derives revenues or proceeds from bonds or notes as provided under this title, the commission may borrow money as needed for those expenses from private sources.
The borrowed money shall be repaid with interest within a reasonable time after the commission receives revenues or proceeds from bonds or notes as provided under this title.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Stats. 1982, Ch. 1553, Sec. 2.
Cite This Page — Counsel Stack
Bluebook (online)
California § 92270., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/92270..