A local agency may acquire any enterprise by gift, purchase, or eminent domain.
Cal. Gov. Code § 54340
Powers of a Local Agency
Known as the Revenue Bond Law
The act spans §§ 54300–54700 (157 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.