California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 2 — Regulation of Transactions, Chapter 1 — Subdivided Lands, Article 2 — Investigation, Regulation and Report, Section 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