GroundRules
SHC § 31151
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 17. TOLL FACILITIES AND RELATED MATTERS [30000. - 31490.]
- CHAPTER 5. El Dorado County Toll Tunnel Authority Act [31100. - 31246.]
- ARTICLE 4. Bonds [31140. - 31175.]
The authority may include in the proceedings authorizing the issuance of bonds any provisions not inconsistent with this chapter which limit, restrict, or regulate the holding, deposit, investment, and application of money consisting of the proceeds from the sale of the bonds or the tolls and other revenues received from the operation of the toll tunnel, and such provisions shall constitute a contract with the holders of the bonds and be binding upon the authority as long as the bonds are outstanding.
Collected 2026-09-14T05:56:33Z. Source file · JSON