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2017 California Code
Streets and Highways Code - SHC
DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS
CHAPTER 1 - The California Toll Bridge Authority Act
ARTICLE 9 - Insurance of Property
Section 30452.
Universal Citation: CA St & Hwy Code § 30452 (2017)
30452.
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.)
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