California Statutes
§ 22018. — 22018. (Amended by Stats. 2018, Ch. 813, Sec. 2.)
California·Code FIN Financial Code - FIN·Div. 9. DIVISION 9. CALIFORNIA FINANCING LAW·Ch. 1. CHAPTER 1. General Provisions·Art. 1. ARTICLE 1. Definitions
(a)“Program administrator” means a person administering a PACE program on behalf of, and with the written consent of, a public agency. “Program administrator” does not include a public agency.
(b)For purposes of this division, “program administrator” does not include a person who meets both of the following conditions:
(1)The person does not administer a PACE program that provides financing for the installation of efficiency improvements on residential property with four or fewer units.
(2)The person does not administer a PACE program that provides financing for the installation of efficiency improvements on real property with a
market value of less than one million dollars ($1,000,000).
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California § 22018. (22018. (Amended by Stats. 2018, Ch. 813, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2018, Ch. 813, Sec. 2. (AB 2063) Effective January 1, 2019.