California Government Code 53938 – As used in this article, “transaction” means negotiated purchase and …
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As used in this article, “transaction” means negotiated purchase and sale, gift, or devise.
(Added by Stats. 1980, Ch. 122.)
Terms Used In California Government Code 53938
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.