California · Water Code

WAT §8668: Upon a call for oral bidding, at the session, any person may offer to lease the property upon the terms and conditions specified in the resolution for a rental or royalty exceeding by at least 5 per c

What this law says, in plain English

This statute permits any person to offer to lease property at a public bidding session if the proposed rental or royalty exceeds the specified terms by at least 5 percent.

Read the full statutory text

Upon a call for oral bidding, at the session, any person may offer to lease the property upon the terms and conditions specified in the resolution for a rental or royalty exceeding by at least 5 per cent the highest of the written proposals.

Verify at the official source: California legislative text

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