California Public Resources Code ARTICLE 1 - General Provisions and Definitions

• Section 26050.
  (a) The Legislature finds and declares all of the following:(1) Property Assessed Clean Energy (PACE) financing has been pioneered by municipalities and counties in California as a...
• Section 26050.5.
  The Legislature further finds and declares both of the following:(a) Actions by federally chartered home loan entities have frustrated efforts to accelerate the implementation of the...
• Section 26051.
  Unless the context otherwise requires, the definitions in this article govern the construction of this chapter.(Added by Stats. 2012, Ch. 677, Sec. 33. (SB 1128)...
• Section 26052.
  “Applicant” means, for the purposes of Article 2 (commencing with Section 26060), a public agency as defined in paragraph (3) of subdivision (c) of Section...
• Section 26053.
  “Clean Energy Upgrade Program” means a statewide energy and water efficiency and renewable energy generation building retrofit financing program developed by the State Energy Resources...
• Section 26054.
  “Property Assessed Clean Energy bond” or “PACE bond” means a bond that is secured by any of the following:(a) A voluntary contractual assessment on property authorized...
• Section 26055.
  “PACE program” means a program established by an applicant that is financed by the PACE bond or a PACE assessment regardless of funding sources.(Amended by...
• Section 26056.
  This chapter does not create any liability or obligation upon the State of California and none shall be incurred by the authority beyond the extent...

Last modified: October 22, 2018