California Legal Codes and Statutes

§ 15457

Added by Stats. 1979, Ch. 1033.

Any net earnings of the authority beyond that necessary for retirement of any obligations issued by the authority or to implement the purposes of this chapter may inure to the benefit only of the State of California or the authority.

Cite this section

Cal. Gov. Code § 15457 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-3-executive-department/part-7-2-health-facilities-financing-authority-act/section-15457

Other sections in Part 7.2 - HEALTH FACILITIES FINANCING AUTHORITY ACT

§ 15430§ 15431§ 15432§ 15433§ 15434§ 15435§ 15436§ 15437§ 15438§ 15438.2…§ 15458§ 15459§ 15459.1§ 15459.2§ 15459.3§ 15459.4§ 15460§ 15462§ 15462.5§ 15463

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