Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 30954 — Metropolitan Transportation Commission
Cal. Sts. & High. Code § 30954
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Date
- 2005-07-18
- Current through
- Nov 2, 2026 (California Legislative Counsel)
At such time as obligations of the California Infrastructure and Economic Development Bank secured by the seismic retrofit surcharge imposed under subdivision (a) of Section 31010 are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders…
Citator
Cal. Sts. & High. Code § 30954 — Metropolitan Transportation Commission is in force in the current edition of the Code, and nothing recorded condemns it.
At such time as obligations of the California Infrastructure and Economic Development Bank secured by the seismic retrofit surcharge imposed under subdivision (a) of Section 31010 are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations, all revenues, interest earned, and existing fund balances in the Toll Bridge Seismic Retrofit Account shall be transferred to the authority for deposit in the Bay Area Toll Account.