Statute · California Government Code
Cal. Gov't Code § 38508 — Municipal Park Abandonment Law of 1939
Cal. Gov't Code § 38508
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body may order the land sold in one block or in lots or parcels, for cash or on credit, as it deems most advantageous to the city. Credit terms shall not exceed four years, and deferred payments shall bear a rate of interest of 6 percent a year. The legislative body shall…
Citator
Cal. Gov't Code § 38508 — Municipal Park Abandonment Law of 1939 is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body may order the land sold in one block or in lots or parcels, for cash or on credit, as it deems most advantageous to the city. Credit terms shall not exceed four years, and deferred payments shall bear a rate of interest of 6 percent a year. The legislative body shall determine when, at what price, and on what terms the land or any part of it shall be sold.