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Cal. Gov. Code § 40524

Surplus Property Authority

Known as the Municipal Federal Surplus Property Authority Law

The act spans §§ 40500–40592 (80 sections).

Added by Stats. 1963, Ch. 1227.

At the time the authority becomes authorized to transact business and exercise its powers, and from time to time thereafter, the legislative body, subject to the law governing the conduct of its fiscal affairs, may make an estimate of the amount of money required for administrative purposes of the authority, and by a two-thirds vote, appropriate such amounts to the authority as it deems necessary, subject to such conditions as it prescribes.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.