California Government Code
§ 38416
GOV § 38416Div. 3 · Title 4 · Part 2 · Ch. 9 · Art. 1
Statute text
View on leginfo.ca.govThe legislative body may determine when and at what price or terms the land or any part of it will be sold. Credit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.
Legislative history
Added by Stats. 1949, Ch. 79.