California Health and Safety Code

§ 33790

HSC § 33790Div. 24 · Part 1 · Ch. 8 · Art. 4

Statute text

An agency may not finance mortgage or construction loans which have not been authorized by prior written agreement between the agency and the participating party. All agreements for such loans shall provide that the architectural and engineering design of the residential construction shall be subject to such standards as may be established by the agency and that the work of such residential construction shall be subject to such supervision as the agency deems necessary.

Legislative history

Amended by Stats. 1979, Ch. 277.