{"code":"HSC","codeName":"Health and Safety Code","section":"50406.2","citation":"Health & Saf. Code, § 50406.2","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 2. DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT [50400. - 50899.7.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-2"},{"name":"CHAPTER 1. Organization of the Department and General Powers [50400. - 50410.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-2/chapter-1"}],"history":"Added by Stats. 1985, Ch. 1001, Sec. 1.   Effective September 26, 1985.","effective":"1985-09-26","html":"<p>Notwithstanding any other provision of the law, the department may enter into long-term contracts or agreements for not more than 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents entered into pursuant to this part.</p>","text":"Notwithstanding any other provision of the law, the department may enter into long-term contracts or agreements for not more than 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents entered into pursuant to this part.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/organization-of-the-department-and-general-powers-50406-2","source":"California Legislative Information bulk export (pubinfo)"}