California § 1263.015. 1263.015. (Added by Stats. 1982, Ch. 1368, Sec. 1.)

California Statutes

§ 1263.015. — 1263.015. (Added by Stats. 1982, Ch. 1368, Sec. 1.)

California § 1263.015.

JurisdictionCalifornia

Code CCPCode of Civil Procedure - CCP

Title7.

Part 3.TITLE 7. EMINENT DOMAIN LAW

Ch. 9.CHAPTER 9. Compensation

Art. 1.ARTICLE 1. General Provisions

This text of California § 1263.015. (1263.015. (Added by Stats. 1982, Ch. 1368, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Code of Civil Procedure - CCP Code § 1263.015. (2026).

Text

At the request of an owner of property acquired by eminent domain, the public entity may enter into an agreement with the owner specifying the manner of payment of compensation to which the owner is entitled as the result of the acquisition. The agreement may provide that the compensation shall be paid by the public entity to the owner over a period not to exceed 10 years from the date the owner’s right to compensation accrues. The agreement may also provide for the payment of interest by the public entity; however, the rate of interest agreed upon may not exceed the maximum rate authorized by Section 16731 or 53531 of the Government Code, as
applicable, in connection with the issuance of bonds.

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At the request of an owner of property acquired by eminent domain, the public entity may enter into an agreement with the owner specifying the manner of payment of compensation to which the owner is entitled as the result of the acquisition. The agreement may provide that the compensation shall be paid by the public entity to the owner over a period not to exceed 10 years from the date the owner’s right to compensation accrues. The agreement may also provide for the payment of interest by the public entity; however, the rate of interest agreed upon may not exceed the maximum rate authorized by Section 16731 or 53531 of the Government Code, as
applicable, in connection with the issuance of bonds.