Health & Saf. Code, § 50601 · Chapter 5. Preservation Interim Loan Programs
Health & Saf. Code, § 50601
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The Preservation Opportunity Fund is hereby created in the State Treasury. Notwithstanding Section 13340 of the Government Code, all money in the fund is continuously appropriated to the department without regard to fiscal years for the purposes of this chapter and for costs incurred in administering the program. The combined administrative expenses of the department and the agency shall not exceed 5 percent of the funds deposited in the fund for the purposes of this chapter.
(b) The following shall be paid into the fund:
(1) Any money appropriated and made available by the Legislature for purposes of the fund.
(2) Any money that the department or the agency receives in repayment of loans from the fund, including interest therefrom, except as provided in subdivision (f) of Section 50603.
(3) Any other money that may be made available to the department for the purposes of this chapter from any other source.
Notes and commentary — not statutory text
History
Amended by Stats. 2005, Ch. 74, Sec. 50. Effective July 19, 2005.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=50601.
- Text hash
- sha256 529907636ef695351499a9ab4618687b08467501d039f7fa363d9b75cec3c85a
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Health and Safety Code
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