Statute · California Government Code

Cal. Gov't Code § 66340 — Accessory Dwelling Unit Sales

Cal. Gov't Code § 66340

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2024-03-25
Current through
Nov 2, 2026 (California Legislative Counsel)

For purposes of this article:

Citator

Cal. Gov't Code § 66340 — Accessory Dwelling Unit Sales is in force in the current edition of the Code, and nothing recorded condemns it.

For purposes of this article:

(a) “Qualified buyer” means persons and families of low or moderate income, as that term is defined in Section 50093 of the Health and Safety Code.

(b) “Qualified nonprofit corporation” means a nonprofit corporation organized pursuant to Section 501(c)(3) of the Internal Revenue Code that has received a welfare exemption under Section 214.15 of the Revenue and Taxation Code for properties intended to be sold to low-income families who participate in a special no-interest loan program.