The corporation may accept and administer grants, subsidies, loans, loan guarantees, and other special programs as may be established for that purpose by the Public Utilities Commission, State Energy Resources Conservation and Development Commission, or any other federal or state agency. However, the corporation shall not be required to accept any administration which would require operation at a loss to the corporation.
Cal. Health & Safety Code § 53113
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.