568 chapters · 8,194 sections in this title.
Pub. Res. Code § 26061 Section 26061
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To qualify for assistance pursuant to this chapter, the PACE program shall require all of the following: (a) The interest rate on the PACE bond does not exceed a percentage as determined by the authority to be appropriate. (b) Minimum legal financing structure and credit underwri…
Pub. Res. Code § 26062 Section 26062
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An applicant shall submit to the authority an application providing a detailed description of the PACE program, a detailed description of the transactional activities associated with the PACE bond issuance, including all transactional costs, information regarding any credit enhan…
Pub. Res. Code § 26063 Section 26063
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(a) In evaluating eligibility, the authority shall consider whether the applicant’s PACE program includes the following conditions: (1) Financing recipients are legal owners of underlying property. (2) Financing recipients are current on mortgage and property tax payments. (3) Fi…
Pub. Res. Code § 26064 Section 26064
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The authority shall review the applicant’s PACE bond issuance, including, but not limited to, indenture, trust agreement, and fiscal agent agreement (“the bond documents”) and, when the authority is satisfied that the bond documents are consistent with the requirements of the PAC…