§ 67604
70 words·~1 min read·
/ca/government-code/67604A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The authority may insure against any accident to or destruction of the regional transit terminal or any part thereof. Any money collected on such insurance shall be used for the purpose of repairing or rebuilding the facility or any part thereof damaged, injured or destroyed, or for the retirement of any bonds issued by the authority as may be set forth in the indenture authorizing the issuance of the bonds.