Statute · California Health and Safety Code
Cal. Health & Safety Code § 50199 — Mortgage Credit Certificates
Cal. Health & Safety Code § 50199
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 1985-10-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding any other provision of law, after a list of lenders has been completed by an issuer, after the qualified mortgage bond allocation has been approved by the committee, and after the issuer has made the election to exchange all or part of the issuer’s authority to issue qualified…
Citator
Cal. Health & Safety Code § 50199 — Mortgage Credit Certificates is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other provision of law, after a list of lenders has been completed by an issuer, after the qualified mortgage bond allocation has been approved by the committee, and after the issuer has made the election to exchange all or part of the issuer’s authority to issue qualified mortgage bonds for authority to issue mortgage credit certificates, the issuer and its lenders shall have 90 days after the allocation is granted by the committee to establish, and file with the committee, a mortgage credit certificate program.