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CHAPTER 1 - California Alternative Energy and Advanced Transportation Financing Authority
ARTICLE 1 - General Provisions and Definitions
Section 26000. - 26000. This division shall be known, and may be cited,...
Section 26001. - 26001. The Legislature hereby finds and declares both of the...
Section 26002. - 26002. It is the purpose of this division to advance...
Section 26002.5. - 26002.5. This division is necessary for the welfare of the...
Section 26003. - 26003. (a) As used in this division, unless the context...
ARTICLE 2 - Organization of Authority and General Powers and Duties Thereof
Section 26004. - 26004. (a) There is in the state government the California...
Section 26005. - 26005. All members of the authority shall serve thereon without...
Section 26006. - 26006. The provisions of this division shall be administered by...
Section 26007. - 26007. The authority shall maintain an office in the City...
Section 26008. - 26008. The authority may employ an executive director and any...
Section 26009. - 26009. The authority may adopt, amend, or repeal all rules...
Section 26010. - 26010. (a) The Attorney General shall be the legal counsel...
Section 26011. - 26011. The authority is authorized and empowered: (a) To adopt...
Section 26011.8. - 26011.8. (a) The purpose of this section is to promote...
Section 26011.8. - 26011.8. (a) The sale or purchase of tangible personal property...
Section 26014. - 26014. When the principal of and interest on bonds of...
Section 26015. - 26015. (a) The authority, or the executive director of the...
Section 26017. - 26017. The authority, no later than March 31 of each...
ARTICLE 3 - Bonds and Notes
Section 26022. - 26022. (a) The authority is authorized from time to time...
Section 26023. - 26023. In the discretion of the authority, any bonds issued...
Section 26024. - 26024. Bonds issued under the provisions of this division shall...
Section 26025. - 26025. (a) The authority is hereby authorized to provide for...
ARTICLE 3.5 - Supplemental Bond Provisions
Section 26029. - 26029. The authority shall not be required to pay any...
Section 26029.4. - 26029.4. Subject to Section 26029.6, the existence of the authority...
Section 26029.5. - 26029.5. This division shall be deemed to provide a complete,...
Section 26029.6. - 26029.6. The State of California does hereby pledge to and...
Section 26029.8. - 26029.8. The powers granted to the authority by this division...
ARTICLE 4 - Construction and Leases of Facilities
Section 26030. - 26030. The authority may contract with any participating party for...
Section 26031. - 26031. (a) The authority may, as lessor or lessee, enter...
Section 26032. - 26032. The authority may enter into contracts of sale with...
Section 26032.5. - 26032.5. As an alternative to leasing or selling a project...
Section 26033. - 26033. All moneys received pursuant to the provisions of this...
Section 26034. - 26034. Any holder of bonds, notes, or other obligations issued...
Section 26035. - 26035. The exercise of the powers granted by this division...
Section 26036. - 26036. If the jurisdiction of the authority to order a...
Section 26037. - 26037. An action may be brought pursuant to Chapter 9...
CHAPTER 2 - Additional Powers and Duties
Section 26040. - 26040. (a) The authority may receive and utilize grants or...
CHAPTER 3 - General Fund Revenue Loss
Section 26042. - 26042. It is the intent of the Legislature that any...
Section 26042.2. - 26042.2. On May 10, 1982, and on each May 10...
Section 26042.4. - 26042.4. On May 15, 1982, and on each May 15...
CHAPTER 4 - Property Assessed Clean Energy (PACE) and Clean Energy Financing Program
Section 26050. - 26050. (a) The Legislature finds and declares all of the...
Section 26050.5. - 26050.5. The Legislature further finds and declares both of the...
Section 26051. - 26051. Unless the context otherwise requires, the definitions in this...
Section 26052. - 26052. “Applicant” means, for the purposes of Article 2 (commencing...
Section 26053. - 26053. “Clean Energy Upgrade Program” means a statewide energy and...
Section 26054. - 26054. “Property Assessed Clean Energy bond” or “PACE bond” means...
Section 26055. - 26055. “PACE program” means a program established by an applicant...
Section 26056. - 26056. This chapter does not create any liability or obligation...
ARTICLE 2 - PACE Reserve Program
Section 26060. - 26060. (a) The authority shall develop and administer a PACE...
Section 26061. - 26061. To qualify for assistance pursuant to this chapter, the...
Section 26062. - 26062. An applicant shall submit to the authority an application...
Section 26063. - 26063. (a) In evaluating eligibility, the authority shall consider whether...
Section 26064. - 26064. The authority shall review the applicant’s PACE bond issuance,...
ARTICLE 3 - Clean Energy Upgrade Program
Section 26070. - 26070. The authority shall administer a Clean Energy Upgrade Program...
Section 26071. - 26071. (a) The authority shall adopt regulations governing the implementation...
Section 26072. - 26072. (a) An applicant shall submit to the authority an...
Section 26073. - 26073. (a) In evaluating eligibility, the authority shall consider whether...
Section 26074. - 26074. (a) The authority shall require certification from a loan...
ARTICLE 4 - Appropriation and Reporting
Section 26080. - 26080. (a) Until January 1, 2015, an amount of up...
Section 26082. - 26082. (a) Notwithstanding Section 26080, twenty-five million dollars ($25,000,000) of...