California Statutes
§ 38508. — 38508. (Added by Stats. 1953, Ch. 170.)
California·Code GOV Government Code - GOV·Div. 3.·Title 4. DIVISION 3. OFFICERS·Part 2. PART 2. LEGISLATIVE BODY·Ch. 9. CHAPTER 9. Discontinuance of Parks·Art. 3. ARTICLE 3. Municipal Park Abandonment Law of 1939
The legislative body may order the land sold in one block or in lots or parcels, for cash or on credit, as it deems most advantageous to the city. Credit terms shall not exceed four years, and deferred payments shall bear a rate of interest of 6 percent a year. The legislative body shall determine when, at what price, and on what terms the land or any part of it shall be sold.
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California § 38508. (38508. (Added by Stats. 1953, Ch. 170.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1953, Ch. 170.