53868. The legislative body shall determine the fair market value of the property or lien and that value is the minimum price receivable on the sale.
(Added by Stats. 1949, Ch. 81.)
Home » US Law » 2022 California Code » Government Code - GOV » TITLE 5 - LOCAL AGENCIES » DIVISION 2 - CITIES, COUNTIES, AND OTHER AGENCIES » PART 1 - POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES » CHAPTER 4 - Financial Affairs » ARTICLE 8 - Delinquent Assessment Acquisition and Sales Law of 1915 »