California Codes > Public Utilities Code > Division 7 > Chapter 4 > Article 2 – Property
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§ 16431 | A district may take by grant, purchase, gift, devise, or lease, or … |
§ 16432 | The legal title to all property acquired under this division vests … |
Terms Used In California Codes > Public Utilities Code > Division 7 > Chapter 4 > Article 2 - Property
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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.
- water: includes the term "use of water. See California Water Code 1000