Cal. Public Resources Code § 8625
Cal. Public Resources Code § 8625
California · California Public Resources Code · Status: effective · Effective 2011-01-01
Cite this
- Citation
- Cal. Public Resources Code § 8625, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/901598
- Permanent ID
ys:prov:901598@1- SHA-256
5f2a7ac82fbd628ecca9d7a97e90da3a932b2bd754275a2e99dc70310bd691a7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The consideration passing to the state in title settlements may consist, in whole or in part, of monetary payments to the trustee for deposit into the fund that are subject to a statutory trust limiting their use exclusively to the purchase of interests in a Land Bank Fund parcel and conveyance of those interests to the state pursuant to Section 8626 as soon as practicable thereafter.
(b) A project applicant may donate moneys for deposit to the fund for purposes of mitigation with the approval of the agency responsible for approving the project and the trustee shall accept the donation if land is held by the trustee for those purposes. A donation so deposited is subject to a statutory trust limiting its use exclusively to the identified mitigation.
(c) Any party may deposit moneys into the fund for purposes of specified or unspecified projects to provide for access to or management and improvement of real property held by the trustee to provide open space, habitat for plants and animals, and public access.