California Statutes
§ 8712. — 8712. (Amended by Stats. 2021, Ch. 715, Sec. 7.)
California·Code PRC Public Resources Code - PRC·Div. 7.7. DIVISION 7.7. School Lands·Ch. 1. CHAPTER 1. School Land Bank Act
The trustee may acquire real property or any interest in real property with the objective of facilitating management of school lands for the purpose of generating revenue. The trustee may delegate authority to the trustee’s executive officer to make a nonrefundable downpayment for a potential acquisition of real property or any interest in real property.
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California § 8712. (8712. (Amended by Stats. 2021, Ch. 715, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2021, Ch. 715, Sec. 7. (AB 1390) Effective January 1, 2022.