California Statutes

§ 5063. — 5063. (Amended by Stats. 2025, Ch. 775, Sec. 10.)

California·Code PRC Public Resources Code - PRC·Div. 5. DIVISION 5. PARKS AND MONUMENTS·Ch. 1. CHAPTER 1. State Parks and Monuments·Art. 5. ARTICLE 5. Lease Contracts for Park and Recreational Areas
Before entering into any lease contract, the lands proposed to be leased shall be appraised by the department to determine the fair market value of the lands. The total amount of rent to be paid for the entire term under any lease contract shall not be in excess of the fair market value of the lands, as determined by the appraisal. The Department of General Services shall review and approve any appraisal conducted by the department pursuant to this section, unless review and approval is waived by the Department of General Services.

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California § 5063. (5063. (Amended by Stats. 2025, Ch. 775, Sec. 10.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2025, Ch. 775, Sec. 10. (SB 630) Effective January 1, 2026.
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