Statute · California Public Resources Code

Cal. Pub. Res. Code § 42998 — Waste Diversion and Greenhouse Gas Reduction Financial Assistance

Cal. Pub. Res. Code § 42998

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Date
2014-06-20
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The department may establish and collect fees to fund the costs of administering the revolving loan program, including, but not limited to, an application fee and loan closing points.

Citator

Cal. Pub. Res. Code § 42998 — Waste Diversion and Greenhouse Gas Reduction Financial Assistance is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The department may establish and collect fees to fund the costs of administering the revolving loan program, including, but not limited to, an application fee and loan closing points.

(b) Moneys collected by the department from loan repayments and fees shall be deposited in the loan fund. Loan repayments and fees include, but are not limited to, any of the following:

(1) Principal and interest repayments.

(2) Fees and loan closing points.

(3) Recovery of collection costs.

(4) Income earned on an asset recovered pursuant to a loan default.

(5) Moneys collected through foreclosure and other collection actions.