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California Code, Health and Safety Code - HSC § 50056

Current as of January 01, 2025 | Updated by Findlaw Staff

“Below-market interest” means a below-market interest rate adequate to return to the agency sufficient income to meet its obligations, reserve requirements, and expenses connected with a loan financed by the agency for which such interest rate is established as determined by the agency at the time of commitment of funds, for the permanent financing.

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Cite this article: FindLaw.com - California Code, Health and Safety Code - HSC § 50056 - last updated January 01, 2025 | https://codes.findlaw.com/ca/health-and-safety-code/hsc-sect-50056/

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