Home/California/Statutes/Code GOV: Government Code - GOV/Title 11.: TITLE 11. CALIFORNIA PASSENGER RAIL FINANCING COMMISSION ACT/Ch. 6.: CHAPTER 6. Construction and Lease of Facilities/§ 92306.
California Statutes

§ 92306. — 92306. (Added by Stats. 1982, Ch. 1553, Sec. 2.)

California § 92306.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Title 11.TITLE 11. CALIFORNIA PASSENGER RAIL FINANCING COMMISSION ACT
Ch. 6.CHAPTER 6. Construction and Lease of Facilities

This text of California § 92306. (92306. (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.

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Cal. Government Code - GOV Code § 92306. (2026).

Text

As an alternative to leasing or selling a project or part thereof to a participating party, the commission may finance the acquisition, construction, or installation of a project, or any part thereof, by means of a loan to the participating party. The principal amount of the participating party’s obligation as borrower shall be sufficient to provide funds for all the purposes specified in subdivisions (a), (b), and (c) of Section 92304 and may be paid in installments, together with interest on the unpaid balance, or otherwise as may be mutually agreed by the commission and the participating party and set forth in the loan agreement. Loans made pursuant to this section may be secured or unsecured, in the discretion of the commission. Section 92300 shall not be applicable to projects const

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Legislative History

Added by Stats. 1982, Ch. 1553, Sec. 2.
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California § 92306., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/92306..