(a) Any person may submit an application to the department for a grant of not more than 70 percent of the cost to purchase or lease a new vanpool vehicle or vehicles. (b) A vanpool operator who receives a purchase grant shall operate the vanpool vehicle as a vanpool for the useful life of the vehicle. The vanpool operatorâs failure to do so shall result in a forfeiture of the grant, the return of the vanpool vehicle to the department, and forfeiture of the operatorâs contribution toward the purchase price of the vehicle. (c) Title to the vanpool vehicle shall be retained by the department until the expiration of the vehicleâs useful life. Once the vanpool vehicleâs useful life has been reached, title to the vehicle shall be transferred to the vanpool operator.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.