California Statutes
§ 51126. — 51126. (Amended by Stats. 1981, Ch. 1031.)
California § 51126.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 3.PART 3. CALIFORNIA HOUSING FINANCE AGENCY
Ch. 5.CHAPTER 5. Financing of Housing Developments and Residential Structures
Art. 2.ARTICLE 2. Loans Through Intermediary Lenders and Mortgage Purchase and Sale
This text of California § 51126. (51126. (Amended by Stats. 1981, Ch. 1031.)) 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 § 51126. (2026).
Text
The agency may invest in, purchase, or make commitments to purchase any residential mortgage or any obligation secured by a residential mortgage or participation therein, and sell such obligations, residential mortgages, or participations or create pools of such obligations, residential mortgages, or participations held by the agency and issue and sell securities backed by such pools. The agency shall require the seller of such obligations, residential mortgages, or participations purchased by the agency to use the proceeds for the purpose of financing housing developments and residential structures.
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Legislative History
Amended by Stats. 1981, Ch. 1031.
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Bluebook (online)
California § 51126., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/51126..