Notwithstanding any other provision to the contrary, all lease agreements shall terminate 40 years from the date of execution and title to the property covered therein shall revert to the district as though full payment had been made.
Cal. Educ. Code § 17030.2
Projects
Known as the Leroy F. Greene State School Building Lease-Purchase Law
The act spans §§ 17000–17066 (116 sections).
Added by Stats. 1996, Ch. 277, Sec. 2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.