Statute · California Financial Code
Cal. Fin. Code § 22686 — Program Administrators
Cal. Fin. Code § 22686
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2019-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A program administrator shall not execute an assessment contract, and no work shall commence under a home improvement contract that is financed by that assessment contract nor shall that home improvement contract be executed unless the program administrator makes a reasonable good faith…
Citator
Cal. Fin. Code § 22686 — Program Administrators is in force in the current edition of the Code, and nothing recorded condemns it.
A program administrator shall not execute an assessment contract, and no work shall commence under a home improvement contract that is financed by that assessment contract nor shall that home improvement contract be executed unless the program administrator makes a reasonable good faith determination that the property owner has a reasonable ability to pay the annual payment obligations for the PACE assessment.