California Code, Government Code - GOV § 51243.6
Current as of January 01, 2023 | Updated by FindLaw Staff
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The Legislature finds and declares the following:
(a) The enforceability of contracts entered into pursuant to this article is necessary to permit the preferential taxation provided to the owners of land under contract, pursuant to Section 8 of Article XIII of the California Constitution.
(b) The option granted to a city pursuant to Section 51243.5 to elect not to succeed to a contract may be held only by the city.
(c) No contracting landowner has a reasonable expectation that a contract can be terminated immediately pursuant to this article without penalty.
Cite this article: FindLaw.com - California Code, Government Code - GOV § 51243.6 - last updated January 01, 2023 | https://codes.findlaw.com/ca/government-code/gov-sect-51243-6/
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