Cal. Gov. Code § 92301

Current through the 2023 Legislative Session.
Section 92301 - Payment of costs of project; title to projects

The commission may agree to pay the cost of a project constructed by any participating party and to advance the costs from time to time in installments or otherwise as required by the contract for the construction thereof.

Title to all projects shall be vested in the commission, subject to the terms of any lease thereof to the participating party or the rights of a participating party under any contract for the purchase of the project, including the payment of the purchase price under installment sales contracts.

Ca. Gov. Code § 92301

Added by Stats. 1982, Ch. 1553, Sec. 2.