Cal. Code Regs. tit. 2 § 1864.8

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 1864.8 - Purchase Price Modification Factor

Any school district subject to non-use payments pursuant to Section 39015, Education Code may furnish the Board with a copy of a current appraisal of the fair market value of the site under consideration made either by a qualified independent appraiser or the county assessor. The Executive Officer may use such appraised value as the modified purchase price for determination of non-use payments pursuant to Section 39015.

Cal. Code Regs. Tit. 2, § 1864.8

1. Repealer and new section filed 3-21-75 as an emergency; effective upon filing (Register 75, No. 12).
2. Certificate of Compliance filed 7-3-75 (Register 75, No. 27).
3. Amendment of section and NOTE filed 4-29-77; effective thirtieth day thereafter (Register 77, No. 18).

Note: Authority cited: Sections 39015- 39018, Education Code. Reference: Section 39015, Education Code.

1. Repealer and new section filed 3-21-75 as an emergency; effective upon filing (Register 75, No. 12).
2. Certificate of Compliance filed 7-3-75 (Register 75, No. 27).
3. Amendment of section and NOTE filed 4-29-77; effective thirtieth day thereafter (Register 77, No. 18).