Any financial institution may apply to the corporation to become a member financial institution. The corporation shall establish standards and procedures for qualification as a member financial institution, from which the corporation shall purchase loans made for the purposes set forth in this part.
Cal. Health & Safety Code § 53110
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.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.