California Code
Government Code - GOV
TITLE 11 - CALIFORNIA PASSENGER RAIL FINANCING COMMISSION ACT

CHAPTER 1 - General Provisions and Definitions

ARTICLE 1 - General Provisions

Section 92000. - 92000. This title may be cited as the California Passenger...

Section 92001. - 92001. The Legislature hereby finds that it is necessary and...

Section 92002. - 92002. It is the purpose of this title to carry...

ARTICLE 2 - Definitions

Section 92010. - 92010. Unless the context otherwise requires, the definitions in this...

Section 92011. - 92011. “Commission” means the California Passenger Rail Financing Commission established...

Section 92012. - 92012. “Cost,” as applied to a project or portion thereof...

Section 92013. - 92013. “Participating party” means any person, company, corporation, partnership, firm,...

Section 92014. - 92014. “Rapid rail transit” means the rapid rail transportation of...

Section 92015. - 92015. “Rapid rail transit system” or “project” means land, buildings,...

Section 92016. - 92016. “Public agency” means any state agency, department, board, or...

Section 92017. - 92017. “Revenues” means all rents, receipts, purchase payments, and all...

CHAPTER 2 - Organization of Commission

Section 92100. - 92100. There is in the state government the California Passenger...

Section 92101. - 92101. The commission shall consist of the Treasurer and three...

Section 92102. - 92102. The first meeting of the commission shall be convened...

Section 92103. - 92103. All members of the commission shall serve thereon without...

Section 92104. - 92104. The Treasurer shall have and is hereby vested with...

Section 92105. - 92105. The commission shall maintain an office in the City...

Section 92106. - 92106. The Treasurer may employ an executive secretary and other...

Section 92107. - 92107. The commission shall, in accordance with Chapter 3.5 (commencing...

Section 92108. - 92108. The Attorney General shall be the legal counsel for...

Section 92109. - 92109. The Treasurer shall be the treasurer for the commission....

Section 92110. - 92110. On behalf of the commission, the Treasurer may employ...

Section 92111. - 92111. The commission may do all of the following: (a)...

CHAPTER 3 - Projects

Section 92150. - 92150. The commission may charge reasonable application and project fees...

Section 92151. - 92151. The commission may determine the projects to be financed...

Section 92152. - 92152. The commission may issue bonds, notes, bond anticipation notes...

Section 92153. - 92153. The commission may do all of the following: (a)...

Section 92154. - 92154. The commission may contract for engineering, architectural, accounting, or...

CHAPTER 4 - General Powers and Duties

Section 92200. - 92200. All expenses incurred in carrying out the provisions of...

Section 92201. - 92201. (a) The commission is authorized to acquire by deed,...

Section 92202. - 92202. When the principal of, and interest on, bonds of...

Section 92203. - 92203. (a) No project, or portion thereof, is eligible for...

CHAPTER 5 - Bonds and Notes

Section 92250. - 92250. The commission may incur indebtedness and issue securities of...

Section 92251. - 92251. (a) At times that the commission desires to issue...

Section 92252. - 92252. The commission may, from time to time, issue its...

Section 92253. - 92253. In anticipation of the sale of the bonds as...

Section 92254. - 92254. Except as may be otherwise expressly provided by the...

Section 92255. - 92255. (a) The bonds may be issued as serial bonds...

Section 92256. - 92256. Any resolution or resolutions authorizing any bonds, or any...

Section 92257. - 92257. Neither the members of the commission, nor any person...

Section 92258. - 92258. The commission may, from any funds available therefor, purchase...

Section 92259. - 92259. (a) All bonds, notes, and commercial paper issued by...

Section 92260. - 92260. (a) At the discretion of the commission, any bonds...

Section 92261. - 92261. (a) The trust agreement or the resolution providing for...

Section 92262. - 92262. Notwithstanding any other provision of law, the Treasurer shall...

Section 92263. - 92263. All expenses incurred in carrying out the provisions of...

Section 92264. - 92264. Bonds issued under this title shall not be deemed...

Section 92265. - 92265. (a) The commission may provide for the issuance of...

Section 92266. - 92266. (a) The proceeds of any bonds issued for the...

Section 92267. - 92267. The proceeds of any bonds issued for the additional...

Section 92268. - 92268. Bonds issued pursuant to Section 92265 are subject to...

Section 92269. - 92269. If, in the opinion of the Treasurer, any bonds...

Section 92270. - 92270. No liability shall be incurred by the commission in...

CHAPTER 6 - Construction and Lease of Facilities

Section 92300. - 92300. The commission may contract with any participating party for...

Section 92301. - 92301. The commission may agree to pay the cost of...

Section 92302. - 92302. The commission may, as lessor or lessee, enter into...

Section 92303. - 92303. Any lease may provide the means or methods by...

Section 92304. - 92304. The commission may fix, revise, charge, and collect rates,...

Section 92305. - 92305. The commission may enter into contracts of sale with...

Section 92306. - 92306. As an alternative to leasing or selling a project...

Section 92307. - 92307. All money received pursuant to this title, whether as...

Section 92308. - 92308. Any holder of bonds, notes, or other obligations issued...

Section 92309. - 92309. Notwithstanding any other provision of law: (a) The commission...

Section 92310. - 92310. Subject to Section 92352, the existence of the commission...

CHAPTER 7 - Supplemental Provisions

Section 92350. - 92350. This title, being necessary for the welfare of the...

Section 92351. - 92351. This title shall be deemed to provide a complete,...

Section 92352. - 92352. The State of California does hereby pledge to, and...

Section 92353. - 92353. To the extent that the provisions of this title,...

Section 92354. - 92354. Any state agency whose support is provided for in...