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California · Through 2026-09-13

FIN § 22018

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Where this section sits in the code
  1. Financial Code - FIN
  2. DIVISION 9. CALIFORNIA FINANCING LAW [22000. - 22780.1.]
  3. CHAPTER 1. General Provisions [22000. - 22172.]
  4. ARTICLE 1. Definitions [22000. - 22020.]

(a) “Program administrator” means a person administering a PACE program on behalf of, and with the written consent of, a public agency. “Program administrator” does not include a public agency.

(b) For purposes of this division, “program administrator” does not include a person who meets both of the following conditions:

(1) The person does not administer a PACE program that provides financing for the installation of efficiency improvements on residential property with four or fewer units.

(2) The person does not administer a PACE program that provides financing for the installation of efficiency improvements on real property with a market value of less than one million dollars ($1,000,000).

Collected 2026-09-14T05:56:33Z. Source file · JSON

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