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Cal. Health & Safety Code § 53101

Purpose and Organization

Known as the Solar and Energy Conservation Mortgage Corporation Act

The act spans §§ 53000–53113 (23 sections).

Added by Stats. 1981, Ch. 1033.

The Solar and Energy Conservation Mortgage Corporation is hereby created for the following purposes:

(a) To facilitate financing of energy conservation measures and structural improvements.

(b) To provide liquidity for loans made by member financial institutions for such purpose.

(c) To provide that such loans shall be financed by private capital to the maximum extent feasible.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.