California Legal Codes and Statutes

§ 38416

Added by Stats. 1949, Ch. 79.

The legislative body may determine when and at what price or terms the land or any part of it will be sold.

Credit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.

Cite this section

Cal. Gov. Code § 38416 (2026)
https://ca.codecond.com/codes/gov/title-4-government-of-cities/division-3-officers/part-2-legislative-body/chapter-9-discontinuance-of-parks/article-1-parks-dedicated-by-original-town-site-map-or-plat/section-38416

Other sections in Article 1 - Parks Dedicated by Original Town Site Map or Plat

§ 38400§ 38401§ 38402§ 38403§ 38404§ 38405§ 38406§ 38407§ 38408§ 38409§ 38410§ 38411§ 38412§ 38413§ 38414§ 38415§ 38416§ 38417§ 38418

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.