Statute · California Health and Safety Code

Cal. Health & Safety Code § 53101 — Purpose and Organization

Cal. Health & Safety Code § 53101

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The Solar and Energy Conservation Mortgage Corporation is hereby created for the following purposes:

Citator

Cal. Health & Safety Code § 53101 — Purpose and Organization is in force in the current edition of the Code, and nothing recorded condemns it.

The Solar and Energy Conservation Mortgage Corporation is hereby created for the following purposes:

(a)  To facilitate financing of energy conservation measures and structural improvements.

(b)  To provide liquidity for loans made by member financial institutions for such purpose.

(c)  To provide that such loans shall be financed by private capital to the maximum extent feasible.