Division 7 — PROPERTY›Chapter 1 — REAL PROPERTY

Los Angeles Municipal Code Art. 11 Encumbrance on Property

Los Angeles Municipal Code · 2026-09 edition · updated 2026-10-04 · Los Angeles

Cite as: Los Angeles Municipal Code Article 11 · Text as of 2026-10-04

Sec. 7.67. Property May Not Be Mortgaged.¶

The City shall have no power to mortgage its property for any purpose, but may buy property subject to mortgage.

SECTION HISTORY

Based on Charter Sec. 3(2).

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Los Angeles Municipal Code

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