As a condition of receipt of a loan pursuant to Section 3365, a participating party shall be required to conduct a comprehensive marketing program that makes consumers aware of the availability of these financial assistance programs, and to provide appropriate security for repayment of the loan, including, without limitation, a pledge to the authority of consumer and business loan repayments collected through utility bills, as applicable and a certification that the duration of a loan will not exceed the useful life of a purchase.
Cal. Pub. Util. Code § 3366
Renewable Energy and Conservation
Known as the California Consumer Power and Conservation Financing Authority Act
The act spans §§ 3300–3383 (40 sections).
Added by Stats. 2001, 1st Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.