Section 92305 Of Chapter 6. Construction And Lease Of Facilities From California Government Code >> Title 11. >> Chapter 6.
92305
. The commission may enter into contracts of sale with any
participating party covering any project financed by the commission.
The purchase price pursuant to the contract of sale shall be
sufficient to provide funds for all the purposes provided in Section
92304 and may be paid in installments, together with interest on the
unpaid balance, or otherwise, as may be mutually agreed and set forth
in the contract of sale.
All payments received by the commission under any installment sale
or conditional sales contract shall be applied by the commission
substantially in the same manner as provided in Section 92302 in the
case of lease payments or rental charges received by the commission.