Statute · California Health and Safety Code
Cal. Health & Safety Code § 50786.5 — Mobilehome Park Purchase Fund
Cal. Health & Safety Code § 50786.5
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2000-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding any other provision of this chapter, where a city, county, or other local governmental entity has acquired a mobilehome park for the purpose of converting the park to resident ownership, and the department has entered into a binding agreement for the commitment of funds to the…
Citator
Cal. Health & Safety Code § 50786.5 — Mobilehome Park Purchase Fund is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other provision of this chapter, where a city, county, or other local governmental entity has acquired a mobilehome park for the purpose of converting the park to resident ownership, and the department has entered into a binding agreement for the commitment of funds to the project, the department shall not require that more than a simple majority of households residing in the park actually purchase, or have opened escrow to purchase, interests or spaces in the park as a condition of disbursement of funds for loans made pursuant to Section 50784 to qualified individual households.