CHAPTER 3. Administration [8620. - 8633.]
Chapter 3 added by Stats. 1982, Ch. 1471, Sec. 1.
§§ 8620–8633 · 14 sections
- § 8620 Acquisitions may be made by negotiated agreement with the owners of the outstanding interests. No provision of this division is intended to confer any…
- § 8621 The purchase price shall not exceed the fair market value of the outstanding interests to be acquired. Prior to any such acquisition the trustee shall review…
- § 8622 As soon as practicable after initiating a title and parcel acceptability study for possible acquisition pursuant to this division, the trustee shall mail a…
- § 8623 The trustee shall make all reasonable attempts to acquire the mineral and other subsurface rights in any acquisition pursuant to this division. In the event…
- § 8624 The trustee shall have the exclusive jurisdiction and authority to administer the fund and the interests in real property acquired pursuant to this division,…
- § 8625 (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…
- § 8626 Upon acceptance of a conveyance pursuant to Section 8627 the trustee shall thereafter convey to the state a parcel or other interest therein, whose economic…
- § 8627 The state, in its sovereign capacity, shall accept any such conveyance, and the land shall thereafter be held by the state as land of the legal character of…
- § 8628 The commission shall accept the conveyances on the part of the state and shall authorize their acknowledgment and recordation.
- § 8629 Until expended for acquisitions in accordance with the provisions of this division, moneys in the fund shall be deposited in the Pooled Money Investment Fund…
- § 8630 In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition may be payable from the fund, provided that such costs…
- § 8631 The provisions of this division shall not be subject to the provisions of the California Environmental Quality Act (commencing with Section 21000 of the Public…
- § 8632 Nothing in this division shall be construed to impair the ability of any other state agency from acquiring lands for wetlands restoration and enhancement.
- § 8633 Nothing in this division relieves the trustee or its successors in interest from any requirement to obtain state permits, licenses, or approvals otherwise…