{"data":{"id":"us-ca/gov-92306","jurisdiction":"us-ca","citation":"GOV § 92306","heading":"","body":"As an alternative to leasing or selling a project or part thereof to a participating party, the commission may finance the acquisition, construction, or installation of a project, or any part thereof, by means of a loan to the participating party.\nThe principal amount of the participating party’s obligation as borrower shall be sufficient to provide funds for all the purposes specified in subdivisions (a), (b), and (c) of Section 92304 and may be paid in installments, together with interest on the unpaid balance, or otherwise as may be mutually agreed by the commission and the participating party and set forth in the loan agreement.\nLoans made pursuant to this section may be secured or unsecured, in the discretion of the commission.\nSection 92300 shall not be applicable to projects constructed with moneys loaned pursuant to this section.","path":["Government Code - GOV","TITLE 11. CALIFORNIA PASSENGER RAIL FINANCING COMMISSION ACT [92000. - 92354.]","CHAPTER 6. Construction and Lease of Facilities [92300. - 92310.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"bdfdf687b6b7e2aeac31fbd3b03bb3d9319af123f78d304c36719becaae74f08","source_id":"us-ca","stale":false,"prev":"us-ca/gov-92305","next":"us-ca/gov-92307"},"notice":"GroundRules: Original legal text. Not legal advice."}