Cal. Pub. Resources Code § 8712

Current through the 2023 Legislative Session.
Section 8712 - Acquisition for purpose of generating revenue

The trustee may acquire real property or any interest in real property with the objective of facilitating management of school lands for the purpose of generating revenue. The trustee may delegate authority to the trustee's executive officer to make a nonrefundable downpayment for a potential acquisition of real property or any interest in real property.

Ca. Pub. Res. Code § 8712

Amended by Stats 2021 ch 715 (AB 1390),s 7, eff. 1/1/2022.
Added by Stats 2011 ch 485 (AB 982),s 2, eff. 1/1/2012.