California Streets and Highways Code

§ 30452

SHC § 30452Div. 17 · Ch. 1 · Art. 9

Statute text

All money collected on any indemnity bond or insurance policy as the result of any damage or injury to any such toll bridge or other highway crossing, transportation facilities, or additional transportation facilities shall be used for the purpose of repairing or rebuilding the toll bridge or other highway crossing, transportation facilities, or additional transportation facilities, as long as there are revenue bonds against any such structure outstanding and unredeemed.

Legislative history

Added by Stats. 1947, Ch. 176.