Cal. Gov. Code § 57526

Current through the 2023 Legislative Session.
Section 57526 - Money or funds and property of merged district vested in city

Upon the effective date of a merger, all of the moneys or funds, including cash on hand and moneys due but uncollected and all property, real or personal, of the merged district is vested in the city.

Ca. Gov. Code § 57526

Added by Stats. 1985, Ch. 541, Sec. 3. Effective September 9, 1985. Operative January 1, 1986, by Sec. 5 of Ch. 541.