| SB 0116 | Land Trusts May Sell Land For Housing Purposes With Less Than 2/3 Vote |
| Sponsor: | Curls | |||
| LR Number: | S0587.01I | Fiscal Note: | 0587-01 | |
| Committee: | Insurance and Housing | |||
| Last Action: | 01/29/97 - Hearing Conducted S Insurance & Housing Committee | Journal page: | ||
| Title: | ||||
| Effective Date: | August 28, 1997 | |||
SB 116 - This act would allow land trustees to convey real
estate to a nonprofit organization for housing purposes at less
than 2/3 of the appraised value with less than 2/3 consent of the
appointing authorities.
MIKE HOEFERKAMP