When a district has entered into a lease-purchase agreement with another public agency which will result in the transfer of title for the site to such public agency upon completion of the purchase, such lease-purchase shall be considered to be a sale within the meaning of Section 39017, Education Code.

Note: Authority cited: Sections 39015-39018, Education Code. Reference: Section 39017, Education Code.

History

1. New section filed 4-24-75 as an emergency; effective upon filing (Register 75, No. 17).

2. Certificate of Compliance filed 8-1-75 (Register 75, No. 31).

3. Amendment of section and Note filed 4-29-77; effective thirtieth day thereafter (Register 77, No. 18).