Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2010
 

Revenue and Taxation Code

Property Taxation

Part 6. Tax Sales

Chapter 8. Deed to State, County or Public Agencies

Article 2. Purchase from the State

Section 3795.5

3795.5. Agreement with nonprofit organization. In the case of an agreement involving a nonprofit organization, the board of supervisors may establish conditions of sale, including reporting, to assure the completion of rehabilitation within a reasonable time and maximum benefit to low-income persons. These conditions shall include, but are not limited to, the following:

(a) Requiring compliance with a jurisdiction's consolidated plan or a community development plan.

(b) Articles of incorporation filed with the Secretary of State, stating that the organization is incorporated for the purposes specified in subdivision (b) of Section 3772.5.

History.—Added by Stats. 1977, Ch. 1120, in effect January 1, 1978. Stats. 2000, Ch. 606, (AB 2229), in effect January 1, 2001, substituted "board of supervisors" for "Controller" after "the", and deleted "and may provide for reconveyance if the conditions are not met as provided in Section 3807.5." after "persons" in the first sentence; and added "These conditions shall include, but are not limited to, all of the following:" after the first sentence, and added subdivisions (a), (b), and (c). Stats. 2002, Ch. 269 (SB 2085), in effect January 1, 2003, deleted "all of" after "limited to," in the second sentence of the first paragraph; deleted former subdivision (a) which required "a certification of consistency with a consolidated plan approved by the Department of Housing and Development."; and relettered former subdivisions (b) and (c) as subdivisions (a) and (b), respectively.