Statute · California Education Code
Cal. Educ. Code § 81490 — Temporary Transfer of Water Stock
Cal. Educ. Code § 81490
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The governing body of any community college district owning shares of stock in a mutual water company, which stock is not appurtenant to any land, may rent, lease, or assign such shares, for a term not to exceed one year, if the board determines the water to which the district is entitled by…
Citator
Cal. Educ. Code § 81490 — Temporary Transfer of Water Stock is in force in the current edition of the Code, and nothing recorded condemns it.
The governing body of any community college district owning shares of stock in a mutual water company, which stock is not appurtenant to any land, may rent, lease, or assign such shares, for a term not to exceed one year, if the board determines the water to which the district is entitled by ownership of such shares is not required to meet the needs of the district during the term for which it is rented, leased or assigned.