§ 100482 Vta Borrowing Authority

Public Utilities Code·California

AI SummaryVerified

This law says the VTA is allowed to take out loans, but only the way that Article 7 or Article 7.6 of the Government Code says it can.

Key Takeaways

•The VTA can borrow money.
•Borrowing must follow the rules in Article 7 or Article 7.6 of the Government Code.
•The law was updated in 2017 but the borrowing permission stays the same.

Example

The VTA wants to build a new light‑rail line but doesn’t have enough cash on hand.

Because of this law, the VTA can borrow money from a bank or other lender, as long as it follows the borrowing rules set out in Article 7 or Article 7.6 of the Government Code.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 100482 Vta Borrowing Authority

The VTA may borrow money in accordance with the provisions of Article 7 (commencing with Section 53820), or of Article 7.6 (commencing with Section 53850) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code. (Amended by Stats. 2016, Ch. 381, Sec. 101. (AB 2196) Effective January 1, 2017.)

Last verified: January 11, 2026

Key Terms

VTA borrow money Article 7 Article 7.6 Government Code

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 100482.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References