BlackletterCalifornia law

Health and Safety Code § 50056

CHAPTER 2. Definitions

Current as of September 28, 2026Health & Saf. Code, § 50056Official source ↗

Added by Stats. 1977, Ch. 610.

“Below-market interest” means a below-market interest rate adequate to return to the agency sufficient income to meet its obligations, reserve requirements, and expenses connected with a loan financed by the agency for which such interest rate is established as determined by the agency at the time of commitment of funds, for the permanent financing.