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California · Through 2026-09-13

GOV § 40592

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Where this section sits in the code
  1. Government Code - GOV
  2. TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]
  3. DIVISION 3. OFFICERS [36501. - 41805.]
  4. PART 2. LEGISLATIVE BODY [36801. - 40592.]
  5. CHAPTER 19. Surplus United States Property [40500. - 40592.]
  6. ARTICLE 8. Financial [40591. - 40592.]

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.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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