Section 67602 Of Article 5. Acquisition, Construction, Completion, Improvement, Betterment, And Extension Of The Regional Transit Terminal From California Government Code >> Title 7.8. >> Chapter 3. >> Article 5.
67602
. Title to all property acquired by the authority and the
revenues and income therefrom, is in the name of the authority. The
title to any moneys, revenues, sinking funds, reserve funds and other
funds of the authority and the income thereof pledged to the payment
of the principal or any interest on any bonds issued hereunder is
subject to the trusts hereby created in favor of the bondholders. The
management, operation and control of the regional transit terminal
and of every part thereof acquired, constructed or completed by the
authority shall be vested in the authority; provided, however, that
any indenture may contain provisions with respect to the exercise
thereof.