Cal. Government Code § 51243.6
Cal. Government Code § 51243.6
California · California Government Code · Status: effective · Effective 2003-01-01
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- Citation
- Cal. Government Code § 51243.6, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/847397
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Full text
The Legislature finds and declares the following:
(a) The enforceability of contracts entered into pursuant to this article is necessary to permit the preferential taxation provided to the owners of land under contract, pursuant to Section 8 of Article XIII of the California Constitution.
(b) The option granted to a city pursuant to Section 51243.5 to elect not to succeed to a contract may be held only by the city.
(c) No contracting landowner has a reasonable expectation that a contract can be terminated immediately pursuant to this article without penalty.