§ 2540 The Legislature hereby declares that it is the policy of the state to …
§ 2542 The Abandoned Railroad Account is hereby created in the State …
§ 2544 The department shall prepare and submit to the Legislature not later …
§ 2546 With money made available for such purpose, the department may …
§ 2548 In the name of the people of the State of California or, upon …
§ 2549 (a) Any city, county, transit operator, or the department may …

Terms Used In California Codes > Streets and Highways Code > Division 3 > Chapter 13 - Abandoned Railroad Lines

  • City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
  • commission: means the California Transportation Commission. See California Streets and Highways Code 22
  • Contract: A legal written agreement that becomes binding when signed.
  • Department: means the Department of Transportation of this state. See California Streets and Highways Code 20
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.