California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 2 — Regulation of TransactionsChapter 1 — Subdivided LandsArticle 2 — Investigation, Regulation and ReportSection 11010.6
The provisions of this chapter shall not be applicable to subdivided land which is offered or proposed to be offered for sale, lease, or financing by a state agency, including the University of California, a local agency, or other public agency.
Notes
Exempts subdivided land from this chapter when a state agency, including the University of California, a local agency, or another public agency offers or proposes to offer the land for sale, lease, or financing. The exemption turns on the public-agency status of the offering entity and applies to the chapter as a whole for that covered offering.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 11010.6 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-2/chapter-1/article-2/section-11010-6