Health and Safety Code section 34170.5


(a)

The successor agency shall create within its treasury a Redevelopment Obligation Retirement Fund to be administered by the successor agency.

(b)

The county auditor-controller shall create within the county treasury a Redevelopment Property Tax Trust Fund for the property tax revenues related to each former redevelopment agency, for administration by the county auditor-controller.

Source: Section 34170.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=34170.­5.­ (updated Jun. 29, 2011; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 34170.5's source at ca​.gov