Cal. Streets and Highways Code § 2572

California · California Streets and Highways Code · Status: effective · Effective 1989-09-26

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Citation: Cal. Streets and Highways Code § 2572, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/926344
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Any person may submit an application to the department for a loan from the fund to purchase a vanpool vehicle for operation by the person as a vanpool operator. Title to the vehicle shall be retained by the department until the loan is repaid in full. The loan shall be repaid over a period of time not to exceed the vehicle’s useful life. Once the loan is repaid in full, title to the vehicle shall be transferred to the vanpool operator.