Section 130502 Of Article 1. General Provisions From California Public Utilities Code >> Division 12. >> Chapter 5. >> Article 1.

. It is the purpose of this chapter to carry out and make effective the findings of the Legislature and, to that end, to provide an alternative method of financing in acquiring, constructing, or rehabilitating facilities to be used as part of transit systems, all to the mutual benefit of the people of the County of Los Angeles and to protect their health and welfare.