Statute · California Health and Safety Code

Cal. Health & Safety Code § 55004 — GENERAL PROVISIONS

Cal. Health & Safety Code § 55004

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

The local agency shall adopt rules and regulations for the administration of the financing program, which shall include, but not be limited to, borrower eligibility criteria designed to assure the fiscal integrity of the financing program while permitting maximum application to existing…

Citator

Cal. Health & Safety Code § 55004 — GENERAL PROVISIONS is in force in the current edition of the Code, and nothing recorded condemns it.

The local agency shall adopt rules and regulations for the administration of the financing program, which shall include, but not be limited to, borrower eligibility criteria designed to assure the fiscal integrity of the financing program while permitting maximum application to existing buildings which have sufficient economic life to warrant the amount of financing required. The regulations shall specify procedures to be followed in the event of default.