§ 11140 Post-Bond Revenue Reimbursement
This law says that even after paying off all the money borrowed for a project, the department can keep collecting money from the project to pay back any state agency that helped with costs like land, materials, or labor.
Imagine the state builds a new toll bridge. After paying back all the loans for the bridge, they can still collect toll money to pay back other state agencies that helped with things like buying land or building materials.
The toll money collected after the loans are paid can be used to repay any extra help given by other state agencies during the construction of the bridge.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 11140 Post-Bond Revenue Reimbursement
Last verified: January 11, 2026