California Legal Codes and Statutes

§ 64129

Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.

Any net earnings of the authority beyond that necessary for retirement of any obligations issued by the authority or to implement the purposes of this division may inure to the benefit only of the state or the authority.

Cite this section

Cal. Gov. Code § 64129 (2026)
https://ca.codecond.com/codes/gov/title-6-7-infrastructure-finance/division-3-california-transportation-financing-authority/section-64129

Other sections in Division 3 - CALIFORNIA TRANSPORTATION FINANCING AUTHORITY

§ 64100§ 64101§ 64102§ 64103§ 64104§ 64105§ 64106§ 64107§ 64107.5§ 64108…§ 64123§ 64124§ 64125§ 64126§ 64127§ 64128§ 64129§ 64130§ 64131§ 64132

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