Code Section

Health and Safety Code - HSC

DIVISION 31. HOUSING AND HOME FINANCE [50000 - 54913]

  ( Division 31 repealed and added by Stats. 1977, Ch. 610. )
  

PART 7. SOLAR AND ENERGY CONSERVATION MORTGAGE CORPORATION [53000 - 53113]

  ( Part 7 added by Stats. 1981, Ch. 1033. )
  

CHAPTER 3. Purpose and Organization [53100 - 53113]
  ( Chapter 3 added by Stats. 1981, Ch. 1033. )

  
53108.  

For the purposes set forth in this chapter, the corporation is authorized pursuant to commitments, or otherwise, to purchase, service, sell, lend on the security of, or otherwise deal in, any loans or advances of credit made for financing energy conservation measures. To be eligible for purchase, the loan shall be secured and comply with such other standards as required by the corporation.

(Added by Stats. 1981, Ch. 1033.)