California · Public Contract Code - PCC

PCC §20671: As used in this chapter: (a) “Public leaseback” means any lease by a public entity, as lessee, of buildings, structures, or other facilities which are permanently attached to land, where the lease is

What this law says, in plain English

A public leaseback is defined as a lease agreement where a public entity rents buildings, structures, or other permanent facilities attached to land.

Read the full statutory text
As used in this chapter: (a) “Public leaseback” means any lease by a public entity, as lessee, of buildings, structures, or other facilities which are permanently attached to land, where the lease is between the public entity and a public leaseback corporation, as lessor, and the lease is executed before the buildings, structures, or facilities have been built. (b) “Public entity” means any city, charter city, city and county, county, district, public corporation, or political subdivision of the state. (c) “Public leaseback corporation” means any corporation or nonprofit corporation organized or controlled by a public entity which constructs or arranges for the construction of buildings, structures, or other facilities which are permanently attached to land for public leaseback. (d) “Public projects” means the construction of buildings, structures, or other facilities which are permanently attached to land.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.