§ 40592
69 words·~1 min read·
/ca/government-code/40592A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.