Cal. Code Regs. tit. 2 § 1864.10

Current through Register 2024 Notice Reg. No. 41, October 11, 2024

Section 1864.10 - Lease-Purchase Same As Sale

When a district has entered into a lease-purchase agreement with another public agency which will result in the transfer of title for the site to such public agency upon completion of the purchase, such lease-purchase shall be considered to be a sale within the meaning of Section 39017, Education Code.

Cal. Code Regs. Tit. 2, § 1864.10

1. New section filed 4-24-75 as an emergency; effective upon filing (Register 75, No. 17).
2. Certificate of Compliance filed 8-1-75 (Register 75, No. 31).
3. Amendment of section and NOTE filed 4-29-77; effective thirtieth day thereafter (Register 77, No. 18).

Note: Authority cited: Sections 39015- 39018, Education Code. Reference: Section 39017, Education Code.

1. New section filed 4-24-75 as an emergency; effective upon filing (Register 75, No. 17).
2. Certificate of Compliance filed 8-1-75 (Register 75, No. 31).
3. Amendment of section and NOTE filed 4-29-77; effective thirtieth day thereafter (Register 77, No. 18).