California § 22686. 22686. (Amended by Stats. 2018, Ch. 813, Sec. 9.)

California Statutes

§ 22686. — 22686. (Amended by Stats. 2018, Ch. 813, Sec. 9.)

California § 22686.

Code FINFinancial Code - FIN

Div. 9.DIVISION 9. CALIFORNIA FINANCING LAW

Ch. 3.5.CHAPTER 3.5. Program Administrators

This text of California § 22686. (22686. (Amended by Stats. 2018, Ch. 813, Sec. 9.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 22686. (2026).

Text

A program administrator shall not execute an assessment contract, and no work shall commence under a home improvement contract that is financed by that assessment contract nor shall that home improvement contract be executed unless the program administrator makes a reasonable good faith determination that the property owner has a reasonable ability to pay the annual payment obligations for the PACE assessment.

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A program administrator shall not execute an assessment contract, and no work shall commence under a home improvement contract that is financed by that assessment contract nor shall that home improvement contract be executed unless the program administrator makes a reasonable good faith determination that the property owner has a reasonable ability to pay the annual payment obligations for the PACE assessment.

Legislative History

Amended by Stats. 2018, Ch. 813, Sec. 9. (AB 2063) Effective January 1, 2019.

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California § 22686., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/22686..