{"code":"HSC","codeName":"Health and Safety Code","section":"50786.5","citation":"Health & Saf. Code, § 50786.5","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 11. Mobilehome Park Purchase Fund [50780. - 50787.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-2/chapter-11"}],"history":"Amended by Stats. 1999, Ch. 473, Sec. 7.   Effective January 1, 2000.","effective":"2000-01-01","html":"<p>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 <a href=\"/hsc/50784\">50784</a> to qualified individual households.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/mobilehome-park-purchase-fund-50786-5","source":"California Legislative Information bulk export (pubinfo)"}