2016 California Code
Streets and Highways Code - SHC
DIVISION 3 - APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS
CHAPTER 15.5 - Vanpool Financing
Section 2575.
2575. (a) Any person may submit an application to the department for a grant of not more than 70 percent of the cost to purchase or lease a new vanpool vehicle or vehicles.
(b) A vanpool operator who receives a purchase grant shall operate the vanpool vehicle as a vanpool for the useful life of the vehicle. The vanpool operator s failure to do so shall result in a forfeiture of the grant, the return of the vanpool vehicle to the department, and forfeiture of the operator s contribution toward the purchase price of the vehicle.
(c) Title to the vanpool vehicle shall be retained by the department until the expiration of the vehicle s useful life. Once the vanpool vehicle s useful life has been reached, title to the vehicle shall be transferred to the vanpool operator.
(Added by Stats. 1989, Ch. 799, Sec. 2. Effective September 26, 1989.)