All real property acquisitions must be supported by an appraisal. Any appraisal obtained, whether or not required by these Rules, shall be maintained in the sponsor's records for at least 5 years.
Cal. Code Regs. Tit. 10, § 260.140.114.12
2. Amendment filed 5-18-92; operative 6-17-92 (Register 92, No. 22).
Note: Authority cited: Section 25610, Corporations Code. Reference: Section 25140, Corporations Code.
2. Amendment filed 5-18-92; operative 6-17-92 (Register 92, No. 22).