California Statutes
§ 42998. — 42998. (Added by Stats. 2014, Ch. 36, Sec. 19.)
California·Code PRC Public Resources Code - PRC·Div. 30. DIVISION 30. WASTE MANAGEMENT·Part 3. PART 3. STATE PROGRAMS·Ch. 22. CHAPTER 22. Waste Diversion and Greenhouse Gas Reduction Financial Assistance
(a)The department may establish and collect fees to fund the costs of administering the revolving loan program, including, but not limited to, an application fee and loan closing points.
(b)Moneys collected by the department from loan repayments and fees shall be deposited in the loan fund. Loan repayments and fees include, but are not limited to, any of the following:
(1)Principal and interest repayments.
(2)Fees and loan closing points.
(3)Recovery of collection costs.
(4)Income earned on an asset recovered pursuant to a loan default.
(5)Moneys collected through foreclosure and other collection actions.
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California § 42998. (42998. (Added by Stats. 2014, Ch. 36, Sec. 19.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2014, Ch. 36, Sec. 19. (SB 862) Effective June 20, 2014.