ARTICLE 1. General Provisions and Definitions [26050. - 26056.]

Article 1 added by Stats. 2012, Ch. 677, Sec. 33.

§§ 26050–26056 · 8 sections

• § 26050 (a) The Legislature finds and declares all of the following: (1) Property Assessed Clean Energy (PACE) financing has been pioneered by municipalities and…
• § 26050.5 The Legislature further finds and declares both of the following: (a) Actions by federally chartered home loan entities have frustrated efforts to accelerate…
• § 26051 Unless the context otherwise requires, the definitions in this article govern the construction of this chapter.
• § 26052 “Applicant” means, for the purposes of Article 2 (commencing with Section 26060), a public agency as defined in paragraph (3) of subdivision (c) of Section…
• § 26053 “Clean Energy Upgrade Program” means a statewide energy and water efficiency and renewable energy generation building retrofit financing program developed by…
• § 26054 “Property Assessed Clean Energy bond” or “PACE bond” means a bond that is secured by any of the following: (a) A voluntary contractual assessment on property…
• § 26055 “PACE program” means a program established by an applicant that is financed by the PACE bond or a PACE assessment regardless of funding sources.
• § 26056 This chapter does not create any liability or obligation upon the State of California and none shall be incurred by the authority beyond the extent to which…