(a) Before any public funds are allocated pursuant to this part for a privately owned port or harbor infrastructure, as specified in subdivision (b) of Section 1698, approval of the Treasurer is required.
(b) Each authority shall submit an annual report regarding receipts and expenditures from the infrastructure fund and all financing activities to the Controller and to the California Debt Advisory Commission.
(Added by Stats. 1992, Ch. 1235, Sec. 3. Effective January 1, 1993.)
Last modified: October 25, 2018