California Public Resources Code

§ 8712

PRC § 8712 Effective Jan 1, 2022Div. 7.7 · Ch. 1

Statute text

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.

Legislative history

Amended by Stats. 2021, Ch. 715, Sec. 7. (AB 1390) Effective January 1, 2022.