California Health and Safety Code

§ 18070.2

HSC § 18070.2 Effective Jan 1, 2012Div. 13 · Part 2 · Ch. 7.5

Statute text

(a)Fees for the establishment and operation of the Manufactured Home Recovery Fund shall be collected on or after January 1, 1985. Claims against the fund arising from sales which occur after January 1, 1985, may not be submitted to the department before January 1, 1986. For purposes of this section, the date of sale shall be either of the following:

(1)The date escrow closes for sales by dealers that are subject to Section 18035 or 18035.2.

(2)For all other sales, including sales by dealers in which escrow does not close, the date when the purchaser has paid the purchase price or, in lieu thereof, has signed a security agreement, option to purchase, or purchase contract and has taken physical possession or delivery of the manufactured home.

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Legislative history

Amended by Stats. 2011, Ch. 239, Sec. 3. (SB 562) Effective January 1, 2012.