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TITLE 3. POSTSECONDARY EDUCATION 66000-101460›DIVISION 7. COMMUNITY COLLEGES 70900-88933›PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES 81003-82548›CHAPTER 2. Property: Sale, Lease, Use, Gift, and Exchange 81250-81563›ARTICLE 12. Temporary Transfer of Water Stock 81490-81492

§ 81490

California Education Code · 2026-09 edition · updated 2026-10-03 · California

The governing body of any community college district owning shares of stock in a mutual water company, which stock is not appurtenant to any land, may rent, lease, or assign such shares, for a term not to exceed one year, if the board determines the water to which the district is entitled by ownership of such shares is not required to meet the needs of the district during the term for which it is rented, leased or assigned.

(Enacted by Stats. 1976, Ch. 1010.)

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