Statute · California Harbors and Navigation Code
Cal. Harb. & Nav. Code § 77.1 — Recreational Marinas
Cal. Harb. & Nav. Code § 77.1
- Type
- Statute
- Source
- California Harbors and Navigation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The department, upon whatever terms and conditions it deems proper, may sell or otherwise dispose of property serving as collateral for a defaulted loan made under Section 76.3 or may operate, contract to operate, or let property involved in the default. All proceeds from any action of the…
Citator
Cal. Harb. & Nav. Code § 77.1 — Recreational Marinas is in force in the current edition of the Code, and nothing recorded condemns it.
The department, upon whatever terms and conditions it deems proper, may sell or otherwise dispose of property serving as collateral for a defaulted loan made under Section 76.3 or may operate, contract to operate, or let property involved in the default. All proceeds from any action of the department pursuant to this section shall be deposited in the Harbors and Watercraft Revolving Fund and credited towards the repayment of the defaulted loan.