Health & Saf. Code, § 51671 · Chapter 5. Bond Insurance
Health & Saf. Code, § 51671
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The agency may insure bonds pursuant to this chapter only if it determines that the proceeds of the bonds will be utilized, to the maximum extent feasible, for one of the following purposes:
(a) Construction or rehabilitation of multifamily rental housing for persons and families of low or moderate income.
(b) Construction or rehabilitation of housing that utilizes federal rental or other subsidies.
(c) Construction or rehabilitation of other dwelling units for persons and families of low or moderate income.
Notes and commentary — not statutory text
History
Added by Stats. 1993, Ch. 115, Sec. 4. Effective July 15, 1993.
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=51671.
- Text hash
- sha256 6d790eb69759b0f31d8015817f4b362ffb95fd82f092ba190d01e6622dbf4ea7
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.