§ 8318

Cal. Code Regs. tit. 25, § 8318

Federal Loan Extensions.

Effective Nov 15, 2017Register 2017, No. 45Authority cited: Sections 50406(n) and 50869.3(b), Health and Safety Code. Reference: 24 CFR part 92.State of California

(a) The term of any existing federal program loan or regulatory agreement enforced by the Department may be extended, if allowed by the subject federal statute. Such extensions shall not be for a period of less than 10 years nor more than 55 years.

Note: Authority cited: Sections 50406(n) and 50869.3(b), Health and Safety Code. Reference: 24 CFR part 92.

History

1. New section filed 11-8-2017; operative 11-15-2017 pursuant to Government Code section 11343.4(b)(3) (Register 2017, No. 45).