California Statutes

§ 37021. — 37021. (Amended (as added by Stats. 2000, Ch. 113) by Stats. 2000, Ch. 900, Sec. 10.)

California·Code PRC Public Resources Code - PRC·Div. 28. DIVISION 28. NATURAL HERITAGE PRESERVATION TAX CREDIT ACT OF 2000·Ch. 6. CHAPTER 6. Miscellaneous
(a)If any property approved for acceptance pursuant to this division is later transferred by the donee, the use of the property shall be restricted by deed to the conservation purposes for which the property was contributed pursuant to the program. If the board determines that the conservation purposes for which the property was contributed can no longer be achieved due to significantly changed circumstances beyond the control of the donee that accepted the property, the proceeds of the sale shall be used by the donee that accepted the property to acquire land in California of equal or greater value and comparable public resources values, as determined by the board. The land acquired shall meet the criteria of Section 37015. Nothing in this division prohibits the transfer of donated pr

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California § 37021. (37021. (Amended (as added by Stats. 2000, Ch. 113) by Stats. 2000, Ch. 900, Sec. 10.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended (as added by Stats. 2000, Ch. 113) by Stats. 2000, Ch. 900, Sec. 10. Effective January 1, 2001.
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