DIVISION 20.7. SANTA MONICA BAY RESTORATION 30988-30988.3›CHAPTER 3. Funds: Security for Payment of Bonds: Accounts: Deposits: Investments: Interest and Other Increments 32060-32066›ARTICLE 2. Supplemental Bond Provisions 32150-32154
§ 32151
California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California
Subject to Section 32153, the existence of the authority may be terminated by statute at any time by the Legislature. Upon dissolution of the authority, the title to all properties owned by it shall, subject to the interests of any participating parties therein, vest in and become the property of the State of California and shall not inure to the benefit of any private party.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
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