Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 7. COMMUNITY COLLEGES [70900 - 88933]
( Division 7 enacted by Stats. 1976, Ch. 1010. ) PART 49. COMMUNITY COLLEGES, EDUCATION FACILITIES [81003 - 82548]
( Part 49 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 2. Property: Sale, Lease, Use, Gift, and Exchange [81250 - 81563]
( Heading of Chapter 2 repealed (by Sec. 3) and added by Stats. 1998, Ch. 657, Sec. 1. ) ARTICLE 12. Temporary Transfer of Water Stock [81490 - 81492]
( Article 12 enacted by Stats. 1976, Ch. 1010. ) 81490.
The governing body of any community college district owning shares of stock in a mutual water company, which stock is not appurtenant to any land, may rent, lease, or assign such shares, for a term not to exceed one year, if the board determines the water to which the district is entitled by ownership of such shares is not required to meet the needs of the district during the term for which it is rented, leased or assigned.
(Enacted by Stats. 1976, Ch. 1010.)