reglab/housing_qa huggingface dataset:
CA St & Hwy Code § 5902 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5902.

5902.  For purposes of this chapter:(a) “Assessment contract” means an agreement entered into between all property owners of record on real property and a public agency in which, for voluntary contractual assessments imposed on the real property, the public agency provides a PACE assessment for the installation of one or more efficiency improvements on the real property in accordance with a PACE program, specified in paragraph (2) of subdivision (a) of Section 5898.20 or Section 5899, 5899.3, or 5899.4, or a special tax described in Section 53328.1 of the Government Code.(b) “Authorized representative” means an attorney-in-fact, as defined in Section 4014 of the Probate Code, or conservator of the estate, as defined in Section 2400 of the Probate Code, of the property owner.(c) “Efficiency improvement” means one or more permanent improvements fixed to real property.(d) “PACE assessment” means a voluntary contractual assessment, voluntary special tax, or special tax, as described in subdivisions (a), (b), and (c) of Section 26054 of the Public Resources Code.(e) “PACE program” means a program in which financing is provided for the installation of efficiency improvements on real property and funded through the use of property assessments, as well as other program components defined in this section, established pursuant to any of the following:(1) Chapter 29 (commencing with Section 5898.10) of Part 3 of this code.(2) The Mello-Roos Community Facilities Act of 1982 (Chapter 2.5 (commencing with Section 53311) of Part 1 of Division 2 of Title 5 of the Government Code).(3) A charter city’s constitutional authority under Section 5 of Article XI of the California Constitution.(f) “Program administrator” means an entity administering a PACE program on behalf of, and with the written consent of, a public agency.(g) “Property owner” means all property owners of record on the property subject to the PACE assessment.(h) “Public agency” means a city, including a charter city, county, city and county, municipal utility district, community services district, community facilities district, joint powers authority, sanitary district, sanitation district, or water district, as defined in Section 20200 of the Water Code, that has established or participates in a PACE program, and utilizes a program administrator.(i) This section shall remain in effect only until January 1, 2029, and as of that date is repealed.(Amended by Stats. 2018, Ch. 837, Sec. 13. (SB 465) Effective January 1, 2019. Repealed as of January 1, 2029, by its own provisions. See later operative version added by Stats. 2018, Ch. 837)
CA St & Hwy Code § 5902 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5902.

5902.  For purposes of this chapter: (a) “Assessment contract” means an agreement entered into between all property owners of record on real property and a public agency in which, for voluntary contractual assessments imposed on the real property, the public agency provides a PACE assessment for the installation of one or more efficiency improvements on the real property in accordance with a PACE program, specified in paragraph (2) of subdivision (a) of Section 5898.20 or Section 5899 or 5899.3, or a special tax described in Section 53328.1 of the Government Code.(b) “Authorized representative” means an attorney-in-fact, as defined in Section 4014 of the Probate Code, or conservator of the estate, as defined in Section 2400 of the Probate Code, of the property owner.(c) “Efficiency improvement” means one or more permanent improvements fixed to real property.(d) “PACE assessment” means a voluntary contractual assessment, voluntary special tax, or special tax, as described in subdivisions (a), (b), and (c) of Section 26054 of the Public Resources Code.(e) “PACE program” means a program in which financing is provided for the installation of efficiency improvements on real property and funded through the use of property assessments, as well as other program components defined in this section, established pursuant to any of the following:(1) Chapter 29 (commencing with Section 5898.10) of Part 3 of this code.(2) The Mello-Roos Community Facilities Act of 1982 (Chapter 2.5 (commencing with Section 53311) of Part 1 of Division 2 of Title 5 of the Government Code).(3) A charter city’s constitutional authority under Section 5 of Article XI of the California Constitution.(f) “Program administrator” means an entity administering a PACE program on behalf of, and with the written consent of, a public agency.(g) “Property owner” means all property owners of record on the property subject to the PACE assessment.(h) “Public agency” means a city, including a charter city, county, city and county, municipal utility district, community services district, community facilities district, joint powers authority, sanitary district, sanitation district, or water district, as defined in Section 20200 of the Water Code, that has established or participates in a PACE program, and utilizes a program administrator. (i) This section shall become operative on January 1, 2029.(Repealed and added by Stats. 2018, Ch. 837, Sec. 14. (SB 465) Effective January 1, 2019. Section operative January 1, 2029, by its own provisions.)
CA St & Hwy Code § 5914 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5914.

5914.  A program administrator may not waive or defer the first payment on an assessment contract. A property owner’s first assessment payment shall be due no later than the fiscal year following the fiscal year in which the installation of the efficiency improvement is completed.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 5922 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5922.

5922.  A program administrator shall not permit contractors or other third parties to advertise the availability of assessment contracts that are administered by the program administrator, or to solicit property owners on behalf of the program administrator, unless both of the following requirements are met:(a) The contractor or third party maintains in good standing an appropriate license from the Contractors’ State Licensing Board, as well as any other permits, licenses, or registrations required for engaging in its business in the jurisdiction where it operates, and maintains the required bond and insurance coverage pursuant thereto.(b) The program administrator obtains the contractor’s or third party’s written agreement that the contractor or third party will act in accordance with applicable advertising and marketing laws and regulations, and all other applicable laws.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 5923 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5923.

5923.  (a) A program administrator shall not provide any direct or indirect cash payment or other thing of material value to a contractor or third party in excess of the actual price charged by that contractor or third party to the property owner for the sale and installation of one or more efficiency improvements financed by an assessment contract.(b) A program administrator shall not reimburse a contractor or third party for expenses for advertising and marketing campaigns and collateral. A program administrator may reimburse a contractor’s bona fide and reasonable training expenses related to PACE financing, provided that:(1) The training expenses are actually incurred by the contractor.(2) The reimbursement does not exceed one hundred dollars ($100) per each salesperson or agent of the contractor who participated in the training.(3) The reimbursement is paid directly to the contractor, and is not paid to its salespersons or agents.(c) A program administrator shall not provide any direct cash payment or other thing of value to a property owner explicitly conditioned upon that property owner entering into an assessment contract. Notwithstanding the above, programs or promotions that offer reduced fees or interest rates to property owners are neither a direct cash payment or “other thing of value,” provided that the reduced fee or interest rate is reflected in the assessment contract and in no circumstance provided to the property owner as cash consideration.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 5924 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5924.

5924.  A program administrator, contractor, or a third party shall not make any representation as to the tax deductibility of an assessment contract unless that representation is consistent with representations, statements, or opinions of the Internal Revenue Service or applicable state tax agency with regard to the tax treatment of PACE assessments.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 5925 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5925.

5925.  A program administrator shall not provide to a contractor or third party engaged in soliciting assessment contracts on its behalf any information that discloses the amount of funds for which a property owner is eligible under a PACE assessment or the amount of equity in a property.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 5926 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 3 - PERFORMING THE WORK|CHAPTER 29.1 - Clean Energy Assessment Contracts|Section 5926.

5926.  A contractor shall not provide a different price for a project financed by a PACE assessment than the contractor would provide if paid in cash by the property owner.(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
CA St & Hwy Code § 6400 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 1 - Determination to Issue Bonds|Section 6400.

6400.  The legislative body may determine that serial bonds shall be issued in the manner and form provided in this part to represent assessments of one hundred fifty dollars ($150) or over for the cost of any work authorized in Part 3 (commencing with Section 5100) of this division.(Amended by Stats. 1978, Ch. 364.)
CA St & Hwy Code § 6402 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 1 - Determination to Issue Bonds|Section 6402.

6402.  If the amount of the unpaid assessment upon any lot or parcel of land is less than one hundred fifty dollars ($150), the assessment shall be collected as provided in Part 3 (commencing with Section 5100) of this division.(Amended by Stats. 1978, Ch. 364.)
CA St & Hwy Code § 6403 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 1 - Determination to Issue Bonds|Section 6403.

6403.  When the legislative body determines that serial bonds shall be issued to represent the expenses of any proposed work under this division, it shall so declare in the resolution of intention to do the work, and shall specify the rate of interest which the bonds shall bear.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6404 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 1 - Determination to Issue Bonds|Section 6404.

6404.  Notwithstanding any other provision in this division, the legislative body may sell to any local, State or National public agency or authority authorized to purchase the same, all or any part of any bonds issued pursuant to the provisions of this part, or any bonds issued pursuant to the Improvement Bond Act of 1915, upon the security of assessments levied under this division. Any such bonds may be sold to any such public agency or authority without advertisement or bidding, but shall not be sold for less than par. The interest rate on such bonds shall be the rate fixed therefor by the legislative body, but may be for a lesser rate than that so fixed if the legislative body finds a purchaser at such lesser rate. Upon the sale of any such bonds to any such public agency or authority, the purchase price thereof shall be paid to the contractor or his assigns in lieu of the bonds and in satisfaction of the balance due upon the assessment.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6405 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 1 - Determination to Issue Bonds|Section 6405.

6405.  The legislative body of any city may contract with a specially qualified person, firm or corporation to act as fiscal agent. Such contracts may authorize the fiscal agent to act as agent for any city officer or employee in the performance of any duty required to be performed, or in taking any action authorized to be taken in connection with bonds issued pursuant to this part.(Added by Stats. 1957, Ch. 1363.)
CA St & Hwy Code § 6420 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6420.

6420.  After the full expiration of 30 days from the date of the recordation of the warrant, and after the filing of the written statement of all payments received by the contractor or his assignees upon the assessment, the street superintendent shall make and certify to the treasurer a complete list of all assessments unpaid, which amount to one hundred fifty dollars ($150) or over, upon any assessment or diagram number.(Amended by Stats. 1978, Ch. 364.)
CA St & Hwy Code § 6421 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6421.

6421.  If any person, or his authorized agent, shall at any time before the thirty-first day after the recordation of the warrant present to the treasurer the following:(a) His affidavit stating that he is the owner of a lot or parcel of land in the list,(b) The certificate of a searcher of records that he is such owner of record, and(c) A notice to the treasurer stating that he desires no bond to be issued for the assessments upon his lot or parcel of land, then no such bond shall be issued therefor, and the payee of the warrant, or his assigns, shall retain his right to enforce collection as if the lot or parcel of land had not been so listed by the street superintendent.(Amended by Stats. 1953, Ch. 1193.)
CA St & Hwy Code § 6422 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6422.

6422.  The treasurer shall upon the filing of the list, make out, sign, and issue to the contractor, or other person entitled to the proceeds of the warrant and assessment, a separate bond, representing upon each lot or parcel of land, including each condominium interest as defined in Section 783 of the Civil Code, upon the list the total amount of the assessment against the same, as thereon shown.(Amended by Stats. 1967, Ch. 791.)
CA St & Hwy Code § 6423 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6423.

6423.  If a lot or parcel of land is described upon the assessment and diagram by its number or block, or both, and is also designated by its number or block, or both, upon the official map of the city, or upon any map on file in the office of the county recorder of the county in which the lot or parcel of land is situated, it shall be a sufficient description of the lot or parcel of land in the bond to designate it by the number or block, or both, as it appears on the official or recorded map.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6424 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6424.

6424.  The bonds and interest thereon shall be paid at the office of the treasurer, who shall keep a fund designated by the name of the bonds, into which he shall place all sums paid him for the principal of the bonds and the interest thereon, together with all penalties thereon, and from which he shall disburse such sums, upon the presentation of proper coupons. Under no circumstances shall the bonds or the interest thereon be paid out of any other fund.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6425 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6425.

6425.  The treasurer shall keep a register in his office, showing the series, number, date, amount, rate of interest, payee and indorsees of each bond, and the number and amount of each coupon or principal or interest paid by him and shall cancel and file each coupon so paid.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6426 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6426.

6426.  If any officer whose signature or countersignature appears on any bond or coupon ceases to be such officer before delivery of the bonds to the purchaser thereof, the signature or countersignature appearing either on the bonds or on the coupons, or both, shall nevertheless be valid and sufficient for all purposes, the same as if such officer had remained in office until the delivery of such bonds.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6427 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 2 - Issuance of Bonds|Section 6427.

6427.  Bonds issued pursuant to this part shall by their issuance be conclusive evidence of the regularity of all proceedings under this division leading up to such issuance.(Added by Stats. 1941, Ch. 79.)
CA St & Hwy Code § 6440 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6440.

6440.  After the street superintendent files his list of unpaid assessments with the treasurer, the principal of each unpaid assessment shall thereafter become due and payable to the treasurer in equal annual payments on each October 15th succeeding the September 1st following the date of the bonds until fully paid. The number of annual payments shall correspond to the number of serial payments to be made on the principal of the bonds issued to represent the unpaid assessment.(Amended by Stats. 1959, Ch. 825.)
CA St & Hwy Code § 6441 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6441.

6441.  The first interest payment on the unpaid assessment shall be payable to the treasurer on the April 15th next succeeding the March 1st or the October 15th next succeeding the September 1st, as the case may be, next following the date of the bonds. The following interest payments shall each be for six months interest and shall be payable to the treasurer on each fifteenth day of April and October, the last interest payment coming due the October 15th immediately preceding the last annual payment of the principal of the bonds issued to represent the unpaid assessment.(Amended by Stats. 1959, Ch. 825.)
CA St & Hwy Code § 6441.1 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6441.1.

6441.1.  If a remittance to cover a payment of interest or interest and principal to be made to the treasurer prior to a certain date and hour or prior to a certain date before being delinquent is sent through the United States mail, properly addressed with postage prepaid, and the cancellation mark is placed on the evelope after it is deposited in the mail:(a) Where the cancellation mark shows both date and time, the remittance shall be deemed received on the date shown by the cancellation mark and by the time specified by law for that date.(b) Where the cancellation mark shows only the date, the remittance shall be deemed received within the time and date specified when the cancellation mark bears a date on or before which payment is required.The treasurer need not accept such a payment if it is received more than 10 days after the date and time set by law for the payment. This section shall not apply if the letter containing the payment was incorrectly addressed.(Amended by Stats. 1963, Ch. 650.)
CA St & Hwy Code § 6442 (2021)
2021 California Code|Streets and Highways Code - SHC|DIVISION 7 - THE IMPROVEMENT ACT OF 1911|PART 5 - IMPROVEMENT BONDS|CHAPTER 3 - Payments on Assessments at Bond|Section 6442.

6442.  If any installment of the principal of the unpaid assessment or of interest thereon is not paid to the treasurer on or before the due date of June 1st or December 1st, as the case may be, next preceding the date upon which the coupons representing it are payable to the bondholder, the treasurer shall, after the close of business on the due date, add to the principal or interest so delinquent a penalty of 2 percent of the total amount of such delinquency, and at the beginning of the business on the first day of each succeeding month until such delinquent payment and all penalties thereon are fully paid, he shall add an additional penalty of 2 percent of the amount of such delinquency. The treasurer shall collect such penalties with and as a part of the delinquent payment. Except as hereinafter provided, the 2-percent penalty first imposed and all subsequent penalties shall be paid to the holder of the bond along with and as a part of such defaulted payment. The legislative body conducting the proceedings may elect, in the resolution of intention, to have the treasurer retain the first 2-percent penalty as a cost of servicing the delinquency. In such case, the following sentence shall be substituted for the last sentence of the default clause in the bond form, as set forth in Section 6460: “The 2-percent penalty first imposed shall be retained by the treasurer as a cost of servicing the delinquency and all subsequent penalties shall be paid to the holder of the bond along with and as a part of such defaulted payment.”(Amended by Stats. 1980, Ch. 378, Sec. 1.)