Cal. Pub. Res. Code § 8709
School Land Bank Act
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2021
As of January 1, 2011
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 those costs shall not exceed 5 percent of the expended funds.
In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition, including, but not limited to, the fees and expenses of appraisals, escrow, broker’s fees, title insurance, and other third-party costs, may be paid from the fund.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.