Streets and Highways Code § 2573

CHAPTER 15.5. Vanpool Financing

Current as of September 28, 2026Sts. & Hy. Code, § 2573Official source ↗

Added by Stats. 1989, Ch. 799, Sec. 2. Effective September 26, 1989.

The department shall charge a rate of interest for loans made under this chapter reasonably calculated to ultimately keep the fund at a constant level and in addition recover the administrative costs incurred by the department under this chapter.