Rhode Island General Laws 39-26.5-10. Operations
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The PACE program shall operate in accordance with all generally accepted banking practices and real estate practices, except as specifically stated within.
History of Section.
P.L. 2013, ch. 271, § 1; P.L. 2013, ch. 361, § 1.
Terms Used In Rhode Island General Laws 39-26.5-10
- PACE: is a voluntary financing mechanism that allows both residential and commercial property owners to access affordable, long-term financing for energy upgrades, and other eligible environmental health and environmental safety upgrades on their property. See Rhode Island General Laws 39-26.5-2
- real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10