California Health and Safety Code

§ 34173

HSC § 34173 Effective Sep 22, 2015Div. 24 · Part 1.85 · Ch. 2

Statute text

(a)Successor agencies, as defined in this part, are hereby designated as successor entities to the former redevelopment agencies.

(b)Except for those provisions of the Community Redevelopment Law that are repealed, restricted, or revised pursuant to the act adding this part, all authority, rights, powers, duties, and obligations previously vested with the former redevelopment agencies, under the Community Redevelopment Law, are hereby vested in the successor agencies.

(c)(1) If the redevelopment agency was in the form of a joint powers authority, and if the joint powers agreement governing the formation of the joint powers authority addresses the allocation of assets and liabilities upon dissolution of the joint powers authority, then each of the entities that created the former redevelopment agency may be a successor agency within the meaning of this part and each shall have a share of assets and liabilities based on the provisions of the joint powers agreement.

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Legislative history

Amended by Stats. 2015, Ch. 325, Sec. 3. (SB 107) Effective September 22, 2015.