California Education Code 69521.6 – Notwithstanding any other provision of law, neither the approval of …
Current as of: 2024 | Check for updates
|
Other versions
Notwithstanding any other provision of law, neither the approval of the Attorney General nor of the Director of General Services is required for the execution and implementation of the sale, lease, conveyance, exchange, transfer, or other disposition of the auxiliary organization, any state student loan guarantee program assets or liabilities held by the auxiliary organization, or any sale or other arrangement authorized by this article.
(Added by Stats. 2007, Ch. 182, Sec. 1. Effective August 24, 2007.)
Terms Used In California Education Code 69521.6
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.