BlackletterCalifornia law

Revenue and Taxation Code § 7934

ARTICLE 5. Sale of State-Acquired Property

Current as of September 28, 2026Rev. & Tax. Code, § 7934Official source ↗

Amended by Stats. 2000, Ch. 1053, Sec. 23. Effective January 1, 2001. Operative January 1, 2002, by Sec. 53 of Ch. 1053.

The Controller shall distribute the proceeds of the sale in the following order:

(a) The payment of all expenses of the sale.

(b) The payment of all amounts due from the supplier under this part.

(c) The remainder to the General Fund of the state.