An authority established pursuant to Section 1700 shall deposit into an infrastructure fund established by the authority all of the following:

(a) Any federal, state, or private grants received by the authority directly or by assignment or other transfer from the state, any member, or any other public body.

Terms Used In California Harbors and Navigation Code 1701

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • State: means the State of California, unless applied to the different parts of the United States. See California Harbors and Navigation Code 20

(b) Any other money of, or received by, the authority, which the authority determines to deposit in the infrastructure fund.

(c) Any public trust revenues deposited into an infrastructure account shall continue to be public trust assets subject to § 6306 of the Public Resources Code.

(Added by Stats. 1992, Ch. 1235, Sec. 3. Effective January 1, 1993.)