Statute · California Health and Safety Code

Cal. Health & Safety Code § 50198 — Mortgage Credit Certificates

Cal. Health & Safety Code § 50198

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
1985-10-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The requirement that public notice be given that mortgage credit certificates will be issued, prescribed by Section 25(e)(5) of Title 25 of the United States Code, may be satisfied by the issuer or its lenders advertising their issuance at least 90 days prior to the issuance of any mortgage…

Citator

Cal. Health & Safety Code § 50198 — Mortgage Credit Certificates is in force in the current edition of the Code, and nothing recorded condemns it.

The requirement that public notice be given that mortgage credit certificates will be issued, prescribed by Section 25(e)(5) of Title 25 of the United States Code, may be satisfied by the issuer or its lenders advertising their issuance at least 90 days prior to the issuance of any mortgage credit certificate. If an issuer is required to file an application with the committee for a qualified mortgage bond allocation, it may commence advertising for the issuance of a mortgage credit certificate on the day it files its application with the committee.