The legislative body may determine when and at what price or terms the land or any part of it will be sold.
Credit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.
Cal. Gov. Code § 38416
Parks Dedicated by Original Town Site Map or Plat
Added by Stats. 1949, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.