California Health and Safety Code

§ 50197.7

HSC § 50197.7 Effective Oct 1, 1985Div. 31 · Part 1 · Ch. 3.5 · Art. 2

Statute text

If an issuer elects to exchange all or part of a supplementary allocation of qualified mortgage bonds for authority to issue mortgage credit certificates, the issuance of those mortgage credit certificates shall be subject to the restriction imposed by subdivision (b) of Section 50189.

Legislative history

Added by Stats. 1985, Ch. 1399, Sec. 7.5. Effective October 1, 1985.