California Statutes
§ 91528. — 91528. (Added by Stats. 1980, Ch. 1358.)
California·Code GOV Government Code - GOV·Title 10. TITLE 10. CALIFORNIA INDUSTRIAL DEVELOPMENT FINANCING ACT·Ch. 1. CHAPTER 1. California Industrial Development Financing·Art. 2. ARTICLE 2. Industrial Development Authorities
An authority shall not have the power to operate any facility as a business, except in the event of a default on any bonds, through a trustee, for the minimum reasonable time needed to sell or otherwise dispose of the facility in accordance with the resolution or indenture.
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California § 91528. (91528. (Added by Stats. 1980, Ch. 1358.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1980, Ch. 1358.