Cal. EDC § 17468
This is the official text of Cal. EDC § 17468, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
If, in the discretion of the board, it is advisable to offer to pay a commission to a licensed real estate broker who is instrumental in obtaining any proposal, the commission shall be specified in the resolution. No commission shall be paid unless there is contained in or with the sealed proposal or stated in or with the oral bid, which is finally accepted, the name of the licensed real estate broker to whom it is to be paid, and the amount or rate thereof. Any commission shall, however, be paid only out of money received by the board from the sale or rental of the real property.
Status: in_force · Read it on the official government site
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