Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 2572 — Vanpool Financing
Cal. Sts. & High. Code § 2572
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Date
- 1989-09-26
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any person may submit an application to the department for a loan from the fund to purchase a vanpool vehicle for operation by the person as a vanpool operator. Title to the vehicle shall be retained by the department until the loan is repaid in full. The loan shall be repaid over a period of…
Citator
Cal. Sts. & High. Code § 2572 — Vanpool Financing is in force in the current edition of the Code, and nothing recorded condemns it.
Any person may submit an application to the department for a loan from the fund to purchase a vanpool vehicle for operation by the person as a vanpool operator. Title to the vehicle shall be retained by the department until the loan is repaid in full. The loan shall be repaid over a period of time not to exceed the vehicle’s useful life. Once the loan is repaid in full, title to the vehicle shall be transferred to the vanpool operator.