Streets and Highways Code § 31127

ARTICLE 3. General Powers and Duties of the Authority

Current as of September 28, 2026Sts. & Hy. Code, § 31127Official source ↗

Amended by Stats. 1982, Ch. 517, Sec. 384.

The authority may issue permits for the use of the toll tunnel on a credit basis. The holder of such a permit shall furnish to and maintain in force with the authority a bond executed by an admitted surety insurer, in an amount equal to twice the authority’s estimate of the toll charges to be incurred under such permit during one month.