DIVISION 17. TOLL FACILITIES AND RELATED MATTERS 30000-31490›CHAPTER 1. The California Toll Bridge Authority Act 30000-30506›ARTICLE 9. Insurance of Property 30450-30453
§ 30452
California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California
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.
(Added by Stats. 1947, Ch. 176.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code