DIVISION 7.5. ARROYO SECO PARKLANDS 8650-8655›CHAPTER 1. School Land Bank Act 8700-8716
§ 8712
California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California
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.
(Amended by Stats. 2021, Ch. 715, Sec. 7. (AB 1390) Effective January 1, 2022.)
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