California Education Code 81423 – No such lease or agreement shall exceed a term of five years, but may …
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No such lease or agreement shall exceed a term of five years, but may be renewed on the same or different conditions at the end of such term.
(Enacted by Stats. 1976, Ch. 1010.)
Terms Used In California Education Code 81423
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC