California Health and Safety Code

§ 51104

HSC § 51104Div. 31 · Part 3 · Ch. 5 · Art. 1

Statute text

Notwithstanding any other provisions of this part, only the following types of housing developments and residential structures are eligible for mortgage loans made with the proceeds of bonds:

(a)Housing developments and residential structures financed with bonds of the agency guaranteed by the federal government.

(b)Housing developments and residential structures financed with bonds of the agency that are guaranteed, or the time payment of principal and interest of which is insured, by an agency of the state or by a private insuring entity authorized to engage in that business.

…

Legislative history

Added by renumbering Section 51351 by Stats. 1987, Ch. 1034, Sec. 43.