Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 5898.23 — Creation of Contractual Assessment Program

Cal. Sts. & High. Code § 5898.23

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Date
2011-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

For purposes of the report required pursuant to Section 5898.22, the statement of public agency policies required pursuant to subdivision (c) of that section shall also include a brief description of criteria for determining the underwriting requirements, and safeguards that will be used to…

Citator

Cal. Sts. & High. Code § 5898.23 — Creation of Contractual Assessment Program is in force in the current edition of the Code, and nothing recorded condemns it.

For purposes of the report required pursuant to Section 5898.22, the statement of public agency policies required pursuant to subdivision (c) of that section shall also include a brief description of criteria for determining the underwriting requirements, and safeguards that will be used to ensure that the total annual property tax and assessments on the property will not exceed 5 percent of the property’s market value, as determined at the time of approval for the owner’s contractual assessment.