Cal. Sts. & Hy. Code § 170.5

Current through the 2024 Legislative Session.
Section 170.5 - Financing project on cash basis

Notwithstanding Section 13302 of the Government Code, the department may, with respect to any project which will not be completed within a fiscal year, finance the project on a cash basis if the department has sufficient unused bonding authority not earmarked for any other project.

Ca. Sts. and High. Code § 170.5

Added by Stats. 1988, Ch. 24, Sec. 14. Effective March 14, 1988.