Cal. Health and Safety Code § 51400
Cal. Health and Safety Code § 51400
California · California Health and Safety Code · Status: effective · Effective 1987-09-21
Cite this
- Citation
- Cal. Health and Safety Code § 51400, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869906
- Permanent ID
ys:prov:869906@1- SHA-256
17157c7bd49de43f02a6103a4c545fb09b400d76e9aeaae237732906c9197d53
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The Legislature finds and declares that it is essential to the economic growth of the state and the supply of adequate residential and multifamily rental housing in the state and that it is a public purpose to expand the program of the agency of purchasing and selling residential mortgage loans for which all California families may be eligible and financing, purchasing, and selling loans for multifamily rental housing. The Legislature also finds and declares that it is a public purpose to create procedures through which the agency may issue mortgage-backed securities to finance these purchases for sale to pension funds, institutional investors, and individuals.