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HomePublic Utilities CodeDiv. 10Pt. 13Ch. 6Art. 2§ 101222 Transit Facility Funding Authority

§ 101222 Transit Facility Funding Authority

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 101222 Transit Facility Funding Authority

This law lets local transit districts take money or loans from the government to build, fix, or run buses, trains, and other transit stuff. They can also work with the government to get help paying for these things.

Key Takeaways

  • •Local transit groups can get money or loans from the government for transit projects.
  • •They can work with the government to build, fix, or run transit systems.
  • •The government can be the U.S. government or the state of California.
  • •Any loans or debts from this help are official and can be traded like money.

Example

A city wants to build a new subway line but doesn't have enough money.

The city can ask the state or federal government for a loan or money to help pay for it. They can also team up with the government to get the subway built and running.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 101222 Transit Facility Funding Authority

The district may accept, without limitation by any other provisions of this part requiring approval of indebtedness, contributions or loans from the United States, this state, or any department, instrumentality, or agency of either thereof, for the purpose of financing the acquisition, construction, maintenance, and operation of transit facilities, and may enter into contracts and cooperate with, and accept cooperation from, the United States, this state, or any department, instrumentality, or agency of either thereof, in the acquisition, construction, maintenance, and operation, and in financing the acquisition, construction, maintenance, and operation of any such transit facilities in accordance with any legislation which Congress or the Legislature of the State of California may have theretofore adopted or may hereafter adopt, under which aid, assistance, and cooperation may be furnished by the United States or this state in the acquisition, construction, maintenance, and operation, or in financing the acquisition, construction, maintenance, and operation, of any such transit facilities. The district may do any and all things necessary in order to avail itself of such aid, assistance, and cooperation under any federal or state legislation now or hereafter enacted. Any evidence of indebtedness issued under this section shall constitute a negotiable instrument. (Added by Stats. 1971, Ch. 1161.)

Last verified: January 11, 2026

Key Terms

transit facilitiesacquisition, construction, maintenance, and operationnegotiable instrumentfederal or state legislation

Related Statutes

  • § 25844 Transit Facility Funding Authority
  • § 29080 Federal Transit Funding Cooperation
  • § 100350 Vta Employee Transfer Rights
  • § 100351 Pension Rights In Acquisitions
  • § 101220 District Short-Term Borrowing Limits

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 101222.
View Official Source