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§ 40592 — California Law | CourtGPT
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  10. § 40592
California Legal Code

§ 40592

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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.(Added by Stats. 1963, Ch. 1227.)