Government Code section 91528

An authority shall not have the power to operate any facility as a business, except in the event of a default on any bonds, through a trustee, for the minimum reasonable time needed to sell or otherwise dispose of the facility in accordance with the resolution or indenture.

Source: Section 91528, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=91528. (accessed May 14, 2025).

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Last Updated

May 12, 2025

§ 91528’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_91528

Original Source: Section 91528, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=91528. (last accessed May 12, 2025).