California § 7521. 7521. (Added by Stats. 1943, Ch. 609.)

California Statutes

§ 7521. — 7521. (Added by Stats. 1943, Ch. 609.)

California § 7521.

JurisdictionCalifornia

Code PRCPublic Resources Code - PRC

Div. 6.DIVISION 6. PUBLIC LANDS

Part 3.PART 3. SALE OF PUBLIC LANDS

Ch. 2.CHAPTER 2. Sale of Swamp and Overflowed Lands

Art. 2.ARTICLE 2. Swamp and Overflowed Lands Sold Prior to September 19, 1939

This text of California § 7521. (7521. (Added by Stats. 1943, Ch. 609.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Cal. Public Resources Code - PRC Code § 7521. (2026).

Text

The swamp and overflowed lands belonging to the State were sold prior to September 19, 1939, at the rate of one dollar ($1) an acre. Twenty per cent of the principal is payable within 50 days from the date of the approval of the survey by the commission. The balance, bearing interest at the rate of 7 per cent per annum, payable annually in advance, is due and payable one year after the passage of any act of the Legislature requiring such payment, or before, if desired by the purchasers. Bonds or warrants of reclamation districts having an outstanding indebtedness are receivable at par in payment for lands in such districts.

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The swamp and overflowed lands belonging to the State were sold prior to September 19, 1939, at the rate of one dollar ($1) an acre. Twenty per cent of the principal is payable within 50 days from the date of the approval of the survey by the commission. The balance, bearing interest at the rate of 7 per cent per annum, payable annually in advance, is due and payable one year after the passage of any act of the Legislature requiring such payment, or before, if desired by the purchasers. Bonds or warrants of reclamation districts having an outstanding indebtedness are receivable at par in payment for lands in such districts.