LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeHealth and Safety CodeDiv. 31Pt. 3Ch. 10§ 51478 Bond Issuance And Loans

§ 51478 Bond Issuance And Loans

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 51478 Bond Issuance And Loans

Key Takeaways

  • •This law gives the agency more ways to do its job.
  • •It lets them issue bonds and give out mortgage loans in a new way.
  • •The new way doesn’t replace the old ways—they can still use those too.

Example

Imagine a bank that usually gives out home loans one way.

This law lets the bank also give out loans in another way if they want. They can still use the old way too—it’s just another option.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 51478 Bond Issuance And Loans

All of the powers granted under this chapter are cumulative with powers of the agency under other provisions of this part, and this chapter constitutes an alternative method to issue bonds and to make mortgage loans pursuant to the provisions of this chapter. (Added by Stats. 1990, Ch. 577, Sec. 1. Effective September 5, 1990.)

Last verified: January 24, 2026

Key Terms

mortgageeffective september

Related Statutes

  • § 51481 Mortgage Loan Security Requirements
  • § 51484 Mortgage Loan Agreements Authority
  • § 50776 Mortgage Lender Certification Program
  • § 50777 Mobilehome Park Low-Income Assistance
  • § 51475 Affordable Housing Preservation

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 51478.
View Official Source