California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 1. TRANSIT DISTRICTS IN COUNTIES OF ALAMEDA OR CONTRA COSTA |
Chapter 3. Internal Organization of Districts |
ARTICLE 4. Powers and Duties of Directors |
Section 24890.
Latest version.
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To facilitate the business of the district, the board may provide for the creation and administration of such funds as the needs of the district may require. The funds shall be disbursed in accordance with rules established by the board and all payments from any fund shall be reported to the board.
(Added by Stats. 1955, Ch. 1036.)