California Health and Safety Code 50197.1 – An issuer may establish a mortgage credit certificate program …
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An issuer may establish a mortgage credit certificate program pursuant to this article.
(Added by Stats. 1985, Ch. 1399, Sec. 7.5. Effective October 1, 1985.)
Terms Used In California Health and Safety Code 50197.1
- Issuer: means a state agency or local agency and includes a redevelopment agency, housing authority or other local entity, authorized by state law to issue qualified mortgage bonds, to which the committee has assigned an allocation under this chapter. See California Health and Safety Code 50172
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.