Government Code section 40592

The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient:

(a)

To pay the costs of administration and operation of the authority;

(b)

To pay the costs of maintaining, operating and improving its properties;

(c)

To pay the interest on its contracts or bonds;

(d)

To provide a fund for the principal of its contracts and bonds as they come due.

Source: Section 40592, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=40592.­ (updated Jan. 1, 1963; accessed Jul. 28, 2025).

Green check means up to date. Up to date

Verified:
Jul. 28, 2025

§ 40592's source at ca​.gov