Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 3795.5 — Purchase from the State

Cal. Rev. & Tax. Code § 3795.5

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
2003-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

In the case of an agreement involving a nonprofit organization, the board of supervisors may establish conditions of sale, including reporting, to assure the completion of rehabilitation within a reasonable time and maximum benefit to low-income persons. These conditions shall include, but are…

Citator

Cal. Rev. & Tax. Code § 3795.5 — Purchase from the State is in force in the current edition of the Code, and nothing recorded condemns it.

In the case of an agreement involving a nonprofit organization, the board of supervisors may establish conditions of sale, including reporting, to assure the completion of rehabilitation within a reasonable time and maximum benefit to low-income persons. These conditions shall include, but are not limited to, the following:

(a) Requiring compliance with a jurisdiction’s consolidated plan or a community development plan.

(b) Articles of incorporation filed with the Secretary of State, stating that the organization is incorporated for the purposes specified in subdivision (b) of Section 3772.5.