California § 92307. 92307. (Added by Stats. 1982, Ch. 1553, Sec. 2.)

California Statutes

§ 92307. — 92307. (Added by Stats. 1982, Ch. 1553, Sec. 2.)

California § 92307.

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 § 92307. (92307. (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 § 92307. (2026).

Text

All money received pursuant to this title, whether as proceeds from the sale of bonds, notes, or other evidences of indebtedness or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this title.
Any bank or trust company with which the money is deposited shall act as trustee of the money and shall hold and apply it for the purposes hereof, subject to  the resolution authorizing the bonds of any issue or the trust agreement securing the bonds may provide.

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All money received pursuant to this title, whether as proceeds from the sale of bonds, notes, or other evidences of indebtedness or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this title.
Any bank or trust company with which the money is deposited shall act as trustee of the money and shall hold and apply it for the purposes hereof, subject to the resolution authorizing the bonds of any issue or the trust agreement securing the bonds may provide.

Legislative History

Added by Stats. 1982, Ch. 1553, Sec. 2.

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California § 92307., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/92307..