Sts. & Hy. Code, § 32511 · Chapter 1. General Provisions
Sts. & Hy. Code, § 32511
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
“Obligee of the authority” or “obligee” means any of the following:
(a) Any bondholder or trustee for any bondholders.
(b) Any lessor demising to the authority property used in connection with a parking facility or any assignee of all or part of such lessor’s interest.
(c) The State or the United States, or any agency of either, when a party to any contract with an authority by which aid or a loan is given or made to the authority.
Notes and commentary — not statutory text
History
Added by Stats. 1951, Ch. 463.
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=SHC§ionNum=32511.
- Text hash
- sha256 d4d615825faf593485d3c01ef2cdb61eb2e46d04ebb1173fa7b52aa9c84f36fb
- 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.