Section 31153 Of Article 4. Bonds From California Streets And Highways Code >> Division 17. >> Chapter 5. >> Article 4.
31153
. The authority may provide in the proceedings authorizing the
issuance of bonds, or may otherwise agree with the purchasers of
bonds, regarding the deposit of all money constituting the
Acquisition and Construction Fund and the Toll Revenue Fund, and may
provide for the deposit of such money at such times, with such
depositaries or paying agents, and upon the furnishing of such
security as may meet with the approval of the purchasers of the
bonds. The depositaries and security provided for or agreed upon,
however, shall be qualified and eligible in accordance with law.