{"code":"HSC","codeName":"Health and Safety Code","section":"34170.5","citation":"Health & Saf. Code, § 34170.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING [33000. - 37964.]","url":"https://blackletter.si/health-and-safety-code/division-24"},{"name":"PART 1.85. DISSOLUTION OF REDEVELOPMENT AGENCIES AND DESIGNATION OF SUCCESSOR AGENCIES [34170. - 34191.6.]","url":"https://blackletter.si/health-and-safety-code/division-24/part-1.85"},{"name":"CHAPTER 1. Effective Date, Creation of Funds, and Definition of Terms [34170. - 34171.]","url":"https://blackletter.si/health-and-safety-code/division-24/part-1.85/chapter-1"}],"history":"Added by Stats. 2011, 1st Ex. Sess., Ch. 5, Sec. 7.   (AB 26 1x)   Effective June 29, 2011.   Operative February 1, 2012.","effective":"2011-06-29","html":"<p>(a) The successor agency shall create within its treasury a Redevelopment Obligation Retirement Fund to be administered by the successor agency.</p><p>(b) The county auditor-controller shall create within the county treasury a Redevelopment Property Tax Trust Fund for the property tax revenues related to each former redevelopment agency, for administration by the county auditor-controller.</p>","text":"(a) The successor agency shall create within its treasury a Redevelopment Obligation Retirement Fund to be administered by the successor agency. (b) The county auditor-controller shall create within the county treasury a Redevelopment Property Tax Trust Fund for the property tax revenues related to each former redevelopment agency, for administration by the county auditor-controller.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/effective-date-creation-of-funds-and-definition-of-terms-34170-5","source":"California Legislative Information bulk export (pubinfo)"}