Statute · California Government Code

Cal. Gov't Code § 50558 — Sale of Improvements Financed by Special Assessments

Cal. Gov't Code § 50558

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If the improvement is useful and necessary for the rendition of a service to the local agency, the legislative body shall provide that the sale is conditional upon the purchaser maintaining and operating the improvement for the purpose of providing such service. The contract of sale shall…

Citator

Cal. Gov't Code § 50558 — Sale of Improvements Financed by Special Assessments is in force in the current edition of the Code, and nothing recorded condemns it.

If the improvement is useful and necessary for the rendition of a service to the local agency, the legislative body shall provide that the sale is conditional upon the purchaser maintaining and operating the improvement for the purpose of providing such service. The contract of sale shall prescribe the period of time during which such condition shall be operative and may prescribe circumstances under which it may be terminated by the parties prior to the expiration of such time.