Earlier editions: 2020-112018-11
TITLE 10. CALIFORNIA INDUSTRIAL DEVELOPMENT FINANCING ACT 91500-91562›CHAPTER 1. California Industrial Development Financing 91500-91562›ARTICLE 2. Industrial Development Authorities 91520-91549
§ 91528
California Government Code · 2026-10 edition · updated 2026-10-04 · California
An authority shall not have the power to operate any facility as a business, except in the event of a default on any bonds, through a trustee, for the minimum reasonable time needed to sell or otherwise dispose of the facility in accordance with the resolution or indenture.
(Added by Stats. 1980, Ch. 1358.)
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