The trustee may acquire real property or any interest in real property with the objective of facilitating management of school lands for the purpose of generating revenue.
Cal. Pub. Res. Code § 8712
School Land Bank Act
Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2021). View current text →
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.