In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition may be payable from the fund, provided that such costs shall not exceed 5 percent of the expended funds.
Cal. Pub. Res. Code § 8630
Administration
Known as the Kapiloff Land Bank Act
The act spans §§ 8600 to 8633 (27 sections).
Added by Stats. 1982, Ch. 1471, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.