§ 51243.6. — 51243.6. (Added by Stats. 2002, Ch. 188, Sec. 2.)

California § 51243.6.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 1.
• Title 5.: DIVISION 1. CITIES AND COUNTIES
• Part 1.: PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES
• Ch. 7.: CHAPTER 7. Agricultural Land
• Art. 3.: ARTICLE 3. Contracts

Text

The Legislature finds and declares the following:
(a)
The enforceability of contracts entered into pursuant to this article is necessary to permit the preferential taxation provided to the owners of land under contract, pursuant to Section 8 of Article XIII of the California Constitution.
(b)
The option granted to a city pursuant to Section 51243.5 to elect not to succeed to a contract may be held only by the city.
(c)
No contracting landowner has a reasonable expectation that a contract can be terminated immediately pursuant to this article without penalty.

Legislative History

Added by Stats. 2002, Ch. 188, Sec. 2. Effective January 1, 2003.