LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeWater CodeDiv. 5Pt. 5Ch. 7Art. 2§ 9552 Land Purchase Payment Methods

§ 9552 Land Purchase Payment Methods

Water Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 9552 Land Purchase Payment Methods

Key Takeaways

  • •You can buy land with cash or bonds that are fully paid.
  • •The bonds must be worth their full face value.
  • •This rule was added in 1943.

Example

You want to buy a piece of land from the government.

You can pay for it with money or with bonds that are fully paid and worth their full amount.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 9552 Land Purchase Payment Methods

Payment for the land purchased under the next preceding section may be made by the purchaser either in cash or matured bonds and coupons issued upon assessment taken at their face value. (Added by Stats. 1943, Ch. 369.)

Last verified: January 23, 2026

Key Terms

assessment

Related Statutes

  • § 11655 Tax Collection Enforcement Action
  • § 9551 Drainage District Land Sales
  • § 9553 Drainage District Property Deeds
  • § 9555 Bond Fund Crediting Rules
  • § 9556 Drainage District Land Sales

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Water Code. Section 9552.
View Official Source