California Statutes
§ 50786.5. — 50786.5. (Amended by Stats. 1999, Ch. 473, Sec. 7.)
California·Code HSC Health and Safety Code - HSC·Div. 31. DIVISION 31. HOUSING AND HOME FINANCE·Part 2. PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT·Ch. 11. CHAPTER 11. Mobilehome Park Purchase Fund
Notwithstanding any other provision of this chapter, where a city, county, or other local governmental entity has acquired a mobilehome park for the purpose of converting the park to resident ownership, and the department has entered into a binding agreement for the commitment of funds to the project, the department shall not require that more than a simple majority of households residing in the park actually purchase, or have opened escrow to purchase, interests or spaces in the park as a condition of disbursement of funds for loans made pursuant to Section
50784 to qualified individual households.
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California § 50786.5. (50786.5. (Amended by Stats. 1999, Ch. 473, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1999, Ch. 473, Sec. 7. Effective January 1, 2000.