California Statutes

§ 31306. — 31306. (Added by Stats. 1996, Ch. 553, Sec. 2.)

California § 31306.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 17.DIVISION 17. TOLL FACILITIES AND RELATED MATTERS
Ch. 6.CHAPTER 6. Border Region Toll Facilities

This text of California § 31306. (31306. (Added by Stats. 1996, Ch. 553, 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. Streets and Highways Code - SHC Code § 31306. (2026).

Text

The commission may issue revenue bonds for the purpose of obtaining funds for constructing additional highways or for making capacity enhancing improvements to existing highways to accommodate additional commercial traffic resulting from the North American Free Trade Agreement. The sole security for the payment of principal and interest on the bonds shall be revenues derived from the tolls imposed pursuant to Section 31300. In authorizing and issuing bonds pursuant to this chapter, the commission and the department shall, to the fullest extent feasible, follow the procedures and requirements of Article 5 (commencing with Section 30200) of Chapter 1 of Division 17.

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Legislative History

Added by Stats. 1996, Ch. 553, Sec. 2. Effective January 1, 1997.
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California § 31306., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/31306..