California Education Code 17517 – The term of a lease or agreement entered into by a school district …
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The term of a lease or agreement entered into by a school district pursuant to this article shall not exceed 99 years.
(Amended by Stats. 2018, Ch. 204, Sec. 2. (AB 1406) Effective January 1, 2019.)
Terms Used In California Education Code 17517
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC