The legislative body shall determine the fair market value of the property or lien and that value is the minimum price receivable on the sale.
Cal. Gov. Code § 53868
Delinquent Assessment Acquisition and Sales Law of 1915
Known as the Delinquent Assessment Acquisition and Sale Law
The act spans §§ 53860–53876 (17 sections).
Added by Stats. 1949, Ch. 81.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.