California § 2704.12. 2704.12. (Added by Stats. 2008, Ch. 267, Sec. 9.)

California Statutes

§ 2704.12. — 2704.12. (Added by Stats. 2008, Ch. 267, Sec. 9.)

California·Code SHC Streets and Highways Code - SHC·Div. 3. DIVISION 3. APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS·Ch. 20. CHAPTER 20. Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century·Art. 3. ARTICLE 3. Fiscal Provisions

(a)Solely for the purpose of authorizing the issuance and sale of the bonds authorized by this chapter and the making of those determinations and the taking of other actions as are authorized by this chapter, pursuant to the State General Obligation Bond Law, the High-Speed Passenger Train Finance Committee is hereby created. For purposes of this chapter, the High-Speed Passenger Train Finance Committee is “the committee” as that term is used in the State General Obligation Bond Law. The committee consists of the Treasurer, the Director of Finance, the Controller, the Secretary of Business, Transportation and Housing, and the chairperson of the authority. Notwithstanding any other provision of law, any member of the committee may designate a representative to act as that member in his or

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(a)
Solely for the purpose of authorizing the issuance and sale of the bonds authorized by this chapter and the making of those determinations and the taking of other actions as are authorized by this chapter, pursuant to the State General Obligation Bond Law, the High-Speed Passenger Train Finance Committee is hereby created. For purposes of this chapter, the High-Speed Passenger Train Finance Committee is “the committee” as that term is used in the State General Obligation Bond Law. The committee consists of the Treasurer, the Director of Finance, the Controller, the Secretary of Business, Transportation and Housing, and the chairperson of the authority. Notwithstanding any other provision of law, any member of the committee may designate a representative to act as that member in his or her place and stead for all purposes, as though the member were personally present. The Treasurer shall serve as chairperson of the committee. A majority of the committee shall constitute a quorum of the committee, and may act for the committee.
(b)
For purposes of the State General Obligation Bond Law, the authority is designated the “board.”

California § 2704.12. (2704.12. (Added by Stats. 2008, Ch. 267, Sec. 9.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.