California Public Resources Code 8626 – Upon acceptance of a conveyance pursuant to Section 8627 the trustee …
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Upon acceptance of a conveyance pursuant to Section 8627 the trustee shall thereafter convey to the state a parcel or other interest therein, whose economic value determined pursuant to Section 8621 is equal to the payment made.
(Added by Stats. 1982, Ch. 1471, Sec. 1.)
Terms Used In California Public Resources Code 8626
- Trustee: A person or institution holding and administering property in trust.