California Government Code 25505 – Where specifically authorized by law the purchasing agent may sell, …
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Where specifically authorized by law the purchasing agent may sell, lease, or dispose of the personal property of any special district, and pay the proceeds into the treasury of the district, or, if an exchange or trade-in is made, return the proceeds to the special district.
(Amended by Stats. 1974, Ch. 543.)
Terms Used In California Government Code 25505
- 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
- Personal property: All property that is not real property.