Section 31246 Of Article 10. Operation And Maintenance After Retirement Of Bonds From California Streets And Highways Code >> Division 17. >> Chapter 5. >> Article 10.
31246
. If the toll tunnel is transferred to the state pursuant to
subdivision (a) of Section 31245, the existence of the authority
shall thereupon automatically terminate, and all property, funds, and
records relating to the toll tunnel shall be transferred to the
state and thereafter the state shall be responsible for the
maintenance, repair, and operation of the toll tunnel, and for the
fulfillment of any outstanding contracts executed by the authority
and the payment of any outstanding debts or liabilities incurred by
the authority.