Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 31246 — Operation and Maintenance After Retirement of Bonds

Cal. Sts. & High. Code § 31246

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

If the toll tunnel is transferred to the state pursuant to subdivision (a) of Section 31245, the existence of the authority shall thereupon automatically terminate, and all property, funds, and records relating to the toll tunnel shall be transferred to the state and thereafter the state shall…

Citator

Cal. Sts. & High. Code § 31246 — Operation and Maintenance After Retirement of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

If the toll tunnel is transferred to the state pursuant to subdivision (a) of Section 31245, the existence of the authority shall thereupon automatically terminate, and all property, funds, and records relating to the toll tunnel shall be transferred to the state and thereafter the state shall be responsible for the maintenance, repair, and operation of the toll tunnel, and for the fulfillment of any outstanding contracts executed by the authority and the payment of any outstanding debts or liabilities incurred by the authority.