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DIVISION 7.7. School Lands 8700-8723›CHAPTER 1. School Land Bank Act 8700-8716

§ 8709

California Public Resources Code · 2020-11 edition · updated 2026-10-04 · California

In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition may be payable from the fund, provided that those costs shall not exceed 5 percent of the expended funds.

(Added by Stats. 2011, Ch. 485, Sec. 2. (AB 982) Effective January 1, 2012.)

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