California Government Code

§ 14936

GOV § 14936 Effective Jun 27, 2019Div. 3 · Title 2 · Part 5.5 · Ch. 9

(a)The department shall develop a financing process that requires, but shall not be limited to, all of the following:

(1)Confirmation that the term of financing shall be limited to the average expected economic life of the asset or assets.

(2)Certification that the asset or assets to be financed are eligible under Section 14934.

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Legislative history

Amended by Stats. 2019, Ch. 29, Sec. 101. (SB 82) Effective June 27, 2019.