California · Streets and Highways Code - SHC
SHC §27530: The Legislature finds and declares that since July 1, 1971, the district has been freed of bonded indebtedness.
What this law says, in plain English
This statute states that since July 1, 1971, the district no longer has bonded indebtedness.
Read the full statutory text
The Legislature finds and declares that since July 1, 1971, the district has been freed of bonded indebtedness. The prospective continuing role of the district and its responsibilities in the field of transportation are policy questions of major importance to the citizens of California, the people and communities regularly served by the Golden Gate Bridge, the district, and the Legislature. It is desirable, therefore, that all concerned have a common basis for considering the issues and exercising judgment. To this end, the district is directed to develop a transportation facilities plan.
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