There is hereby created the Ventura County Transportation Commission. The commission shall be the successor agency to the Ventura County Association of Governments and shall assume all assets and liabilities of that association.

Notwithstanding Section 180050, the Board of Supervisors of Ventura County may designate the commission as the authority to carry out the provisions of Division 19 (commencing with Section 180000).

Terms Used In California Public Utilities Code 130050.1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • commission: means a county transportation commission created pursuant to Chapter 2 (commencing with Section 130050). See California Public Utilities Code 130002
  • County: includes city and county. See California Public Utilities Code 18
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

(Added by Stats. 1988, Ch. 1136, Sec. 2.)