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California Fish and Game Code

§ 1457

FGC § 1457 Effective Jan 1, 2022Div. 2 · Ch. 4.4
Grants to nonprofit organizations, pursuant to Section 1390, for the acquisition of real property or interests therein shall be subject to all of the following conditions:
(a)The purchase price of any interest in real property acquired by the nonprofit organization shall not exceed fair market value as established by an appraisal approved by the board.
(b)The board approves the terms under which the interest in real property is acquired.

Legislative history

Added by Stats. 2021, Ch. 380, Sec. 1. (AB 1183) Effective January 1, 2022.

Source: California Fish and Game Code § 1457 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.