Statute · California Health and Safety Code
Cal. Health & Safety Code § 50197.7 — Mortgage Credit Certificates
Cal. Health & Safety Code § 50197.7
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 1985-10-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If an issuer elects to exchange all or part of a supplementary allocation of qualified mortgage bonds for authority to issue mortgage credit certificates, the issuance of those mortgage credit certificates shall be subject to the restriction imposed by subdivision (b) of Section 50189.
Citator
Cal. Health & Safety Code § 50197.7 — Mortgage Credit Certificates is in force in the current edition of the Code, and nothing recorded condemns it.
If an issuer elects to exchange all or part of a supplementary allocation of qualified mortgage bonds for authority to issue mortgage credit certificates, the issuance of those mortgage credit certificates shall be subject to the restriction imposed by subdivision (b) of Section 50189.