California Financial Code CHAPTER 3.5 - Program Administrators

• Section 22680.
  (a) A program administrator shall establish and maintain a process for enrolling PACE solicitors, which shall include both of the following:(1) A written agreement between the program...
• Section 22681.
  A program administrator shall establish and maintain a training program for PACE solicitor agents, which is acceptable to the commissioner.(a) A program administer shall require each...
• Section 22682.
  (a) A program administrator shall, in the manner prescribed by the commissioner, notify the commissioner of each PACE solicitor and PACE solicitor agent enrolled by the...
• Section 22683.
  A program administrator shall develop and implement policies and procedures for responding to questions and addressing complaints as soon as reasonably practicable.(Added by Stats. 2017,...
• Section 22684.
  A program administrator shall not submit, present, or otherwise approve for recordation by a public agency an assessment contract unless the following criteria are satisfied:...
• Section 22685.
  (a) A program administrator shall derive market value using one of the following:(1) An automated valuation model, using the following criteria:(A) The automated valuation model must be provided...
• Section 22686.
  A program administrator shall not approve for funding, and recordation by a public agency, an assessment contract unless the program administrator makes a reasonable good...
• Section 22687.
  (a) A program administrator shall determine, prior to funding, and recordation by a public agency of the assessment contract that the property owner has a reasonable...
• Section 22688.
  (a) A program administrator shall comply with requirements regarding the duty to safeguard nonpublic personal information imposed by the California Financial Information Privacy Act (Division 1.4...
• Section 22689.
  (a) A program administrator shall not permit a PACE solicitor to do any of the following:(1) Solicit a property owner to enter into an assessment contract with...
• Section 22690.
  (a) A program administrator is subject to an inspection, examination, or investigation in accordance with Section 22701.(b) If, in the course of an inspection, examination, or investigation...
• Section 22691.
  The commissioner may by such rules as he or she deems necessary or appropriate in the public interest or for the protection of property owners,...
• Section 22692.
  (a) The commissioner shall require a program administrator to submit the following information in the annual report filed under Section 22159:(1) Information beneficial to an evaluation of...
• Section 22693.
  (a) The commissioner may, by rule, require a program administrator to use a real-time registry or database system for tracking PACE assessments in order to carry...
• Section 22694.
  This chapter does not apply to a finance lender, mortgage loan originator, or broker licensee. (Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284)...
• Section 22695.
  (a) A violation of this chapter by any person is not subject to the criminal penalties established pursuant to Sections 22753 and 22780.(b) Notwithstanding Section 22696, this...
• Section 22696.
  Except as provided in Sections 22684, 22685, 22686, 22687, 22688, and 22695, this chapter shall become operative on January 1, 2019.(Added by Stats. 2017, Ch....
• Section 22697.
  This chapter does not preclude or reduce any rights and remedies established under any other laws.(Added by Stats. 2017, Ch. 475, Sec. 71. (AB 1284)...

Last modified: October 22, 2018