{"code":"SHC","codeName":"Streets and Highways Code","section":"2572","citation":"Sts. & Hy. Code, § 2572","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS [2004.5. - 2704.79.]","url":"https://blackletter.si/streets-and-highways-code/division-3"},{"name":"CHAPTER 15.5. Vanpool Financing [2570. - 2580.]","url":"https://blackletter.si/streets-and-highways-code/division-3/chapter-15.5"}],"history":"Added by Stats. 1989, Ch. 799, Sec. 2.   Effective September 26, 1989.","effective":"1989-09-26","html":"<p>Any person may submit an application to the department for a loan from the fund to purchase a vanpool vehicle for operation by the person as a vanpool operator. Title to the vehicle shall be retained by the department until the loan is repaid in full. The loan shall be repaid over a period of time not to exceed the vehicle’s useful life. Once the loan is repaid in full, title to the vehicle shall be transferred to the vanpool operator.</p>","text":"Any person may submit an application to the department for a loan from the fund to purchase a vanpool vehicle for operation by the person as a vanpool operator. Title to the vehicle shall be retained by the department until the loan is repaid in full. The loan shall be repaid over a period of time not to exceed the vehicle’s useful life. Once the loan is repaid in full, title to the vehicle shall be transferred to the vanpool operator.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/vanpool-financing-2572","source":"California Legislative Information bulk export (pubinfo)"}