Statute · California Health and Safety Code
Cal. Health & Safety Code § 50056 — Definitions
Cal. Health & Safety Code § 50056
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Below-market interest” means a below-market interest rate adequate to return to the agency sufficient income to meet its obligations, reserve requirements, and expenses connected with a loan financed by the agency for which such interest rate is established as determined by the agency at the…
Citator
Cal. Health & Safety Code § 50056 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Below-market interest” means a below-market interest rate adequate to return to the agency sufficient income to meet its obligations, reserve requirements, and expenses connected with a loan financed by the agency for which such interest rate is established as determined by the agency at the time of commitment of funds, for the permanent financing.