Section 31154 Of Article 4. Bonds From California Streets And Highways Code >> Division 17. >> Chapter 5. >> Article 4.

. The authority may provide in the proceedings authorizing the issuance of bonds for the carrying of insurance as authorized by this chapter, and the purchase and carrying of such insurance shall thereupon be obligatory upon the authority and be paid for out of the Toll Revenue Fund as may be specified in the proceedings.