Gov. Code, § 40592 · Article 8. Financial
Gov. Code, § 40592
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient:
(a) To pay the costs of administration and operation of the authority;
(b) To pay the costs of maintaining, operating and improving its properties;
(c) To pay the interest on its contracts or bonds;
(d) To provide a fund for the principal of its contracts and bonds as they come due.
Notes and commentary — not statutory text
History
Added by Stats. 1963, Ch. 1227.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=40592.
- Text hash
- sha256 b87087d1ddc65a8d782dda6ffe9651f820937368af402c703a3a8fe25d32793f
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.