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Earlier editions: 2020-112018-112026-09

DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 1. STATE HOUSING POLICY AND GENERAL PROVISIONS 50000-50300›CHAPTER 3.5. Qualified Mortgage Bonds And Mortgage Credit Certificates 50172-50199.2›ARTICLE 2. Mortgage Credit Certificates 50197.1-50199.2

§ 50197.7

California Health and Safety Code · 2026-10 edition · updated 2026-10-04 · California

If an issuer elects to exchange all or part of a supplementary allocation of qualified mortgage bonds for authority to issue mortgage credit certificates, the issuance of those mortgage credit certificates shall be subject to the restriction imposed by subdivision (b) of Section 50189.

(Added by Stats. 1985, Ch. 1399, Sec. 7.5. Effective October 1, 1985.)

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California Health and Safety Code

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