California Public Utilities Code

§ 185040

PUC § 185040 Effective Jan 1, 2018Div. 19.5 · Ch. 4

Statute text

(a)If the authority determines that real property or an interest therein, previously or hereafter acquired by the state for high-speed rail purposes, is no longer necessary for those purposes, the authority may sell or exchange the real property or interest therein at fair market value in the manner set forth in this section.

(b)Before selling the real property or interest therein in any manner authorized under this section, the authority shall send notification by certified mail to the last known owner of the real property or interest therein at his or her last known address, advising him or her that the real property or interest therein will be offered for sale. The authority shall not sell the real property or interest therein until at least 30 days after the notification has been sent.

(c)The authority may sell the property to an adjoining landowner if it makes either of the following findings:

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Legislative history

Amended by Stats. 2017, Ch. 561, Sec. 224. (AB 1516) Effective January 1, 2018.