Cal. Pub. Resources Code § 31352.5

Current through the 2023 Legislative Session.
Section 31352.5 - Loan to nonprofit organization better situated to acquire interest in real property

Where a nonprofit organization is better situated than the conservancy to acquire temporarily an interest in real property for later acquisition by a public agency or nonprofit organization, the conservancy may loan the nonprofit organization the necessary funds to accomplish the acquisition. As a condition of that loan, the nonprofit organization shall adhere to the procedures and restrictions of this chapter in accomplishing the acquisition.

Ca. Pub. Res. Code § 31352.5

Amended by Stats 2002 ch 958 (AB 2727),s 24, eff. 1/1/2003.