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Cal. Health and Safety Code § 50199

Cal. Health and Safety Code § 50199

California · California Health and Safety Code · Status: effective · Effective 1985-10-01

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Cal. Health and Safety Code § 50199, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869130
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Notwithstanding any other provision of law, after a list of lenders has been completed by an issuer, after the qualified mortgage bond allocation has been approved by the committee, and after the issuer has made the election to exchange all or part of the issuer’s authority to issue qualified mortgage bonds for authority to issue mortgage credit certificates, the issuer and its lenders shall have 90 days after the allocation is granted by the committee to establish, and file with the committee, a mortgage credit certificate program.