{"data":{"id":"us-ca/gov-38416","jurisdiction":"us-ca","citation":"GOV § 38416","heading":"","body":"The legislative body may determine when and at what price or terms the land or any part of it will be sold.\nCredit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.","path":["Government Code - GOV","TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]","DIVISION 3. OFFICERS [36501. - 41805.]","PART 2. LEGISLATIVE BODY [36801. - 40592.]","CHAPTER 9. Discontinuance of Parks [38400. - 38510.]","ARTICLE 1. Parks Dedicated by Original Town Site Map or Plat [38400. - 38418.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"c60ed5eb5246bbd9a36f37d4aec18544a635d8728300d13d9796bf797d04dcc0","source_id":"us-ca","stale":false,"prev":"us-ca/gov-38415","next":"us-ca/gov-38417"},"notice":"GroundRules: Original legal text. Not legal advice."}