GroundRules
SHC § 31180
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 5. Custody and Use of Money [31180. - 31189.]
The proceeds from the sale of all bonds authorized pursuant to this chapter shall be paid to the treasurer for the credit of the authority and forthwith deposited as demand deposits in such depositary or depositaries as are authorized by law to receive deposits of state funds, to the credit of a fund to be designated as the acquisition and construction fund of the toll tunnel. The fund shall at all times be kept segregated and set apart from all other funds.
Collected 2026-09-14T05:56:33Z. Source file · JSON