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California · Through 2026-09-13

HSC § 44559.8

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Where this section sits in the code
  1. Health and Safety Code - HSC
  2. DIVISION 27. CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY ACT [44500. - 44563.]
  3. CHAPTER 1. California Pollution Control Financing Authority [44500. - 44559.14.]
  4. ARTICLE 8. Capital Access Loan Program for Small Businesses [44559. - 44559.14.]

Notwithstanding this article, the authority may facilitate the development of a secondary market for a loan enrolled in the capital access loan program by providing security for that loan, thereby increasing participation in the program by financial institutions and improving access to capital for small businesses. For purposes of this section, the actions that the authority may take include, but are not necessarily limited to, assigning all, or a portion of, any loss reserve account to any other entity in connection with providing security for a loan, including a trustee of a securitization trust, transferring an enrolled loan from a participating financial institution to a securitization trust, and assisting underwriters in marketing a loan to the secondary market.

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

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