California Government Code

§ 91528

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

GOV § 91528Title 10 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov

An authority shall not have the power to operate any facility as a business, except in the event of a default on any bonds, through a trustee, for the minimum reasonable time needed to sell or otherwise dispose of the facility in accordance with the resolution or indenture.

Legislative history

Added by Stats. 1980, Ch. 1358.