Section 7505 Of Article 1. Administration And Finance From California Public Utilities Code >> Division 4. >> Chapter 1. >> Article 1.
7505
. (a) Revenue derived from passenger rail service on the
Northwestern Pacific Railroad right-of-way south of Willits to
Larkspur shall only be used for capital improvements to, and
operating expenses of, the passenger rail service south of Willits to
Larkspur.
(b) Real property on which the Northwestern Pacific Railroad
right-of-way south of Willits to Larkspur is located shall not be
pledged or mortgaged to fund capital improvements on the right-of-way
north of Willits.