California Health and Safety Code PART 1 - GENERAL PROVISIONS

• Section 55000.
  The Legislature finds and declares that there exist throughout the state many buildings which are structurally inadequate to safely withstand seismic forces of the magnitude...
• Section 55001.
  As used in this division:(a)  “Bonds” means bonds, notes, or other evidence of indebtedness issued by a local agency pursuant to Part 2 (commencing with...
• Section 55002.
  (a)  Pursuant to this division, the local agency may provide financing to pay for eligible costs to an owner of an eligible building only if...
• Section 55002.5.
  Pursuant to this division, the local agency may provide financing to pay for or buy out any existing note or deed of trust which may...
• Section 55003.
  The local agency may contract with state or federally chartered banks or savings and loan associations for originating or servicing loans authorized by this division.(Added...
• Section 55004.
  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...
• Section 55005.
  For the purposes of this division, the local agency shall have the following powers in addition to any other powers granted by this division:(a)  To...
• Section 55006.
  The interest rate on financing provided pursuant to this division shall be sufficient and shall be limited to the amount necessary to pay the interest...
• Section 55007.
  The local agency may conduct a financing program under this division in tandem with a residential rehabilitation financing program under Part 13 (commencing with Section...
• Section 55008.
  The exercise of the powers specified in this division shall be in all respects for the benefit of the people of the state, for their...
• Section 55009.
  Any bonds issued by the local agency under the provisions of this division, their transfer, and the income therefrom shall at all times be free...

Last modified: October 22, 2018