Section 55372.

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If the board determines the value of the property, or interest in the property, to be of a value of five thousand dollars ($5,000) or less, or is being leased for one year or less, it may be sold, exchanged, or leased without notice.

(Amended by Stats. 2009, Ch. 332, Sec. 90.4. (SB 113) Effective January 1, 2010.)


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