Statute · California Government Code
Cal. Gov't Code § 40592 — Financial
Cal. Gov't Code § 40592
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient:
Citator
Cal. Gov't Code § 40592 — Financial is in force in the current edition of the Code, and nothing recorded condemns it.
The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient:
(a) To pay the costs of administration and operation of the authority;
(b) To pay the costs of maintaining, operating and improving its properties;
(c) To pay the interest on its contracts or bonds;
(d) To provide a fund for the principal of its contracts and bonds as they come due.