California Government Code ARTICLE 9 - Public Leasebacks

• Section 54240.
  As used in this article:(a) “Local agency” means any county, city, city and county, public district, public entity or authority or other public or municipal corporation...
• Section 54241.
  No public leaseback of any local agency shall be entered into until the act of entering into a formal agreement with the public leaseback corporation...
• Section 54242.
  Any ordinance subject to referendum under Section 54241 shall be published after adoption as required by law for ordinances of the local agency generally, or,...
• Section 54243.
  In the event an ordinance enacted pursuant to Section 54241 authorizing a local agency to enter into a public leaseback is subjected to a successful...
• Section 54244.
  Section 54241 shall not apply to any public leaseback which is executed prior to the effective date of Section 54241.(Added by Stats. 1972, Ch. 304.)
• Section 54245.
  If any one or more local or public agencies shall, prior to the effective date of Section 54241, have taken formal action to implement any...

Last modified: October 22, 2018