California Law (Last Updated: March 4, 2014) |
Public Resources Code - PRC |
Division 6. PUBLIC LANDS |
Part 3. SALE OF PUBLIC LANDS |
Chapter 1. Sale of School Lands and Lieu Lands |
ARTICLE 2. Lieu Lands |
Section 7414.
Latest version.
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A certificate of indemnity is not subject to sale or assignment; but if the purchaser dies without having selected lands in accordance therewith, his successors in interest or legal representatives may surrender the certificate and be entitled to restitution for the amount paid therefor.
(Added by Stats. 1943, Ch. 609.)