California Health and Safety Code ARTICLE 8 - Capital Access Loan Program for Small Businesses

• Section 44559.
  (a)  The Legislature finds and declares that small businesses are responsible for a significant amount of environmental emissions in the state, but are less able...
• Section 44559.1.
  As used in this article, unless the context requires otherwise, all of the following terms have the following meanings:(a) “Authority” means the California Pollution Control Financing...
• Section 44559.2.
  (a) The authority may contract with any financial institution for the purpose of allowing the financial institution to participate in the Capital Access Loan Program established...
• Section 44559.3.
  (a)  The authority shall establish a loss reserve account for each financial institution with which the authority makes a contract.(b) The loss reserve account for a...
• Section 44559.4.
  (a) If a financial institution that is participating in the Capital Access Loan Program established pursuant to this article decides to enroll a qualified loan under...
• Section 44559.5.
  (a)  The authority shall establish procedures under which financial institutions participating in the program established pursuant to this article may submit claims for reimbursement for...
• Section 44559.6.
  The authority shall annually prepare a report to the Governor and the Legislature that describes the financial condition and programmatic results of the capital access...
• Section 44559.7.
  The authority may enter into agreements with commercial banks or other financial institutions, or with other agencies of the state, to provide necessary assistance in...
• Section 44559.8.
  Notwithstanding this article, the authority may facilitate the development of a secondary market for a loan enrolled in the capital access loan program by providing...
• Section 44559.9.
  The authority shall expand the Capital Access Loan Program established by this article to include outreach to financial institutions that service agricultural interests in the...
• Section 44559.11.
  (a) It is the intent of the Legislature to ensure that the state, through the authority, may make maximum, efficient use of capital access programs enacted...
• Section 44559.12.
  (a) Consistent with subdivision (b) of Section 44559.11, the authority may establish loss reserve accounts for the purposes of financing terminal rental adjustment clause leasing, if...
• Section 44559.13.
  (a) It is the intent of the Legislature in this act to create and fund the California Americans with Disabilities Act Small Business Capital Access Loan...
• Section 44559.14.
  (a) (1) It is the intent of the Legislature in enacting the act adding this section to create and fund a program to assist residential property owners...

Last modified: October 22, 2018