California Code of Regulations › Title 4 - Business Regulations › Division 11 - California Pollution Control Financing Authority › Article 2 - Definitions › Section 8020 - Terms/Definitions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The following terms and definitions shall be used in the
				  manner described below, when used in this Chapter.
(a) "Act" means the California Pollution
				Control Financing Authority Act, Division 27, commencing with Section
				44500
				of the Health and Safety Code.
(b)
				"Applicant" means the person, company, corporation, partnership, entity or
				group of entities requesting financing pursuant to Section
				8031 of these
				Regulations.
(c) "Authority" means
				the California Pollution Control Financing Authority.
(d) "Authority Fund" means the California
				Pollution Control Financing Authority Fund.
(e) "Bonds" means any negotiable bonds,
				notes, debentures, or other securities which the Authority is authorized to
				issue pursuant to the Act.
(f)
				"Chair" or "Chairman" means the Chairman of the California Pollution Control
				Financing Authority.
(g)
				"Conventional loan" means any loan agreement, note or other evidence of
				indebtedness entered into with or issued by an applicant to a bank, thrift or
				other financial institution or firm which is regularly in the business of
				extending credit, and which is not related to the applicant.
(h) "Effective Interest Rate" means the
				actual cost payable by an applicant to obtain financing. The cost includes the
				cost of issuing the bond or completing a conventional loan, cost of obtaining a
				letter of credit, surety, insurance policy or other credit enhancement, and the
				interest rate payable on the bond or conventional loan.
(i) "Executive Director" means the Executive
				Director of the California Pollution Control Financing Authority.
(j) "Member" means a member of the California
				Pollution Control Financing Authority.
(k) "Request" means the application form and
				documents related thereto on which the Authority accepts requests for
				financing.
(l) "Small Business"
				means any person, company, corporation, partnership or entity that is
				classified as a small business pursuant to any of the size standards set forth
				in Title 13, Code of Federal Regulations, Part 121, Subpart A (1-1-94 Edition),
				which are incorporated herein by reference, or any person, company,
				corporation, partnership or entity that (together with affiliates) employs no
				more than 500 employees.
(m) "Small
				Business Assistance Fund" means the fund established by the Authority in
				Section 8041 pursuant to Health and Safety
				Code Section
				44548.
1. Amendment
				  of subsection (a) filed 3-8-74; effective thirtieth day thereafter (Register
				  74, No. 10).
2. Amendment filed 2-17-77; effective thirtieth day
				  thereafter (Register 77, No. 8).
3. Amendment filed 2-21-80;
				  effective thirtieth day thereafter (Register 80, No. 8).
4.
				  Amendment filed 6-3-83; effective thirtieth day thereafter (Register 83, No.
				  23).
5. Amendment filed 7-3-86; effective upon filing pursuant to
				  Government Code section
				  11346.2(d)
				  (Register 86, No. 27).
6. Amendment of subsection (k) filed 3-19-92
				  as an emergency; operative 3-19-92 (Register 92, No. 13). A Certificate of
				  Compliance must be transmitted to OAL 7-17-92 or emergency language will be
				  repealed by operation of law on the following day.
7. Certificate of
				  Compliance as to 3-19-92 order transmitted to OAL 7-30-92 and filed 9-9-92
				  (Register 92, No. 37).
8. Amendment of subsection (k) filed 4-8-93
				  as an emergency; operative 4-8-93 (Register 93, No. 15). A Certificate of
				  Compliance must be transmitted to OAL 10-5-93 pursuant to Health and Safety
				  Code section
				  44520
				  or emergency language will be repealed by operation of law on the following
				  day.
9. Certificate of Compliance as to 4-8-93 order transmitted to
				  OAL 8-10-93 and filed 9-7-93 (Register 93, No. 37).
10. Editorial
				  correction of HISTORY 8 (Register 93, No. 37).
11. Amendment filed
				  1-31-94 as an emergency; operative 1-31-94 (Register 94, No. 5). A Certificate
				  of Compliance must be transmitted to OAL by 7-30-94, pursuant to Health and
				  Safety Code section
				  44520,
				  or emergency language will be repealed by operation of law on the following
				  day.
12. Amendment refiled 7-21-94 as an emergency, including
				  additional amendment of subsection (l); operative 7-31-94 (Register 94, No.
				  29). A Certificate of Compliance must be transmitted to OAL by 1-27-95 pursuant
				  to Health and Safety Code section
				  44520
				  or emergency language will be repealed by operation of law on the following
				  day.
13. Certificate of Compliance as to 7-21-94 order including
				  amendment of subsection (l) transmitted to OAL 1-26-95 and filed 3-9-95
				  (Register 95, No. 10).
Note: Authority cited: Section
					 44520, Division 27, Health and
					 Safety Code. Reference: Sections
					 44520,
					 44526 and
					 44548, Division 27, Health and
					 Safety Code.