Cal. Health & Saf. Code § 55004
Current through the 2023 Legislative Session.
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.
Ca. Health and Saf. Code § 55004