California · Through 2026-09-13

PRC § 8621

Where this section sits in the code

Public Resources Code - PRC
DIVISION 7. KAPILOFF LAND BANK ACT [8600. - 8633.]
CHAPTER 3. Administration [8620. - 8633.]

The purchase price shall not exceed the fair market value of the outstanding interests to be acquired. Prior to any such acquisition the trustee shall review the evidence and applicable law and shall determine whether the state may have any right, title, or interest therein and deduct from the economic value of the acquisition the value of any such state interest.

Collected 2026-09-14T05:56:33Z. Source file · JSON

Browse this collection