California § 33740. 33740. (Added by Stats. 1988, Ch. 1610, Sec. 2.)

California Statutes

§ 33740. — 33740. (Added by Stats. 1988, Ch. 1610, Sec. 2.)

California § 33740.

JurisdictionCalifornia

Code HSCHealth and Safety Code - HSC

Div. 24.DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING

Part 1.PART 1. COMMUNITY REDEVELOPMENT LAW

Ch. 7.5.CHAPTER 7.5. Loans to Tax-Exempt Organizations

This text of California § 33740. (33740. (Added by Stats. 1988, Ch. 1610, Sec. 2.)) 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. Health and Safety Code - HSC Code § 33740. (2026).

Text

The Legislature hereby finds and declares that it would be beneficial to empower redevelopment agencies to issue tax-exempt revenue bonds for the purpose of lending the proceeds to nonprofit organizations exempt from federal income taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (26 U.S.C. Sec. 501(c)(3)), for the housing purposes specified in Section 33741.

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The Legislature hereby finds and declares that it would be beneficial to empower redevelopment agencies to issue tax-exempt revenue bonds for the purpose of lending the proceeds to nonprofit organizations exempt from federal income taxation pursuant to Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (26 U.S.C. Sec. 501(c)(3)), for the housing purposes specified in Section 33741.

Legislative History

Added by Stats. 1988, Ch. 1610, Sec. 2.

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California § 33740., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/33740..