California Civil Code

§ 1917.110

CIV § 1917.110Div. 3 · Title 4 · Part 4 · Ch. 5 · Art. 1

Statute text

The Legislature hereby finds and declares that:

(a)It is necessary and essential that the state provide and promote alternative means of supplying affordable housing to the citizens of the state.

(b)Because of current economic conditions, including the unprecedented fluctuation in interest rates, alternative mortgage instruments must be developed to supplement the standard long-term, fixed-rate mortgage.

…

Legislative history

Repealed and added by Stats. 1982, Ch. 466, Sec. 12. Inoperative January 1, 1987, by Stats. 1982, Ch. 466, Sec. 12.5.