California Health and Safety Code 55003 – The local agency may contract with state or federally chartered banks …
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The local agency may contract with state or federally chartered banks or savings and loan associations for originating or servicing loans authorized by this division.
(Added by Stats. 1982, Ch. 1602, Sec. 1.)
Terms Used In California Health and Safety Code 55003
- Contract: A legal written agreement that becomes binding when signed.
- Local agency: means a city, county, or city and county. See California Health and Safety Code 55001
- State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23