California § 37952. 37952. (Amended by Stats. 1977, Ch. 931.)

California Statutes

§ 37952. — 37952. (Amended by Stats. 1977, Ch. 931.)

California § 37952.

JurisdictionCalifornia

Code HSCHealth and Safety Code - HSC

Div. 24.DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING

Part 13.PART 13. RESIDENTIAL REHABILITATION

Ch. 4.CHAPTER 4. Rehabilitation Loans

This text of California § 37952. (37952. (Amended by Stats. 1977, Ch. 931.)) 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 § 37952. (2026).

Text

All moneys received pursuant to the provisions of this part, whether proceeds from the sale of bonds or revenues or proceeds of mortgage insurance or guarantee claims, if any, shall be deemed to be trust funds to be held and applied solely as provided in this part. Any bank or trust company in which such moneys are deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes specified in this part, subject to the terms of the resolution authorizing the bonds.

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All moneys received pursuant to the provisions of this part, whether proceeds from the sale of bonds or revenues or proceeds of mortgage insurance or guarantee claims, if any, shall be deemed to be trust funds to be held and applied solely as provided in this part. Any bank or trust company in which such moneys are deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes specified in this part, subject to the terms of the resolution authorizing the bonds.

Legislative History

Amended by Stats. 1977, Ch. 931.

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California § 37952., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/37952..