Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 31222 — Insurance of Property

Cal. Sts. & High. Code § 31222

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

All money collected on any indemnity bond or insurance policy as the result of any damage or injury to the toll tunnel shall be used for the purpose of repairing or rebuilding the toll tunnel, as long as there are revenue bonds against such structure outstanding and unredeemed.

Citator

Cal. Sts. & High. Code § 31222 — Insurance of Property is in force in the current edition of the Code, and nothing recorded condemns it.

All money collected on any indemnity bond or insurance policy as the result of any damage or injury to the toll tunnel shall be used for the purpose of repairing or rebuilding the toll tunnel, as long as there are revenue bonds against such structure outstanding and unredeemed.