Pub. Resources Code, § 5062 · Article 5. Lease Contracts for Park and Recreational Areas
Pub. Resources Code, § 5062
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Any such lease contract shall contain an option permitting the State to purchase the lands under lease. The lease contract shall include provisions:
(a) That all payments made by the State as rental thereunder shall be applied on the purchase price of the lands.
(b) That at the end of each two-year period, if the State so elects, the lessor will convey to the State, without additional consideration, a designated area of the lands under lease, as described therein, which area shall be such proportion of the total area as the amount of rental paid by the State for such period bears to the total amount of rental to be paid under the lease.
(c) That the State may terminate the rental contract at its option at the end of any two-year period.
(d) That the total rental to be paid under any such lease contract shall not be in excess of the appraised value of the lands.
Notes and commentary — not statutory text
History
Added by Stats. 1939, Ch. 94.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PRC§ionNum=5062.
- Text hash
- sha256 4cd0b92989112f43d8470a13753f95936f7934fbfb1001f67eae03fb5106a2e7
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.