Cal. Code Regs. tit. 9 § 3200.028

Current through Register 2024 Notice Reg. No. 49, December 6, 2024

Section 3200.028 - Capitalized Operating Subsidy Reserve

"Capitalized Operating Subsidy Reserve" means funds set aside at, or before, permanent loan closing for the purpose of supplementing income for the payment of operating expenses.

Cal. Code Regs. Tit. 9, § 3200.028

1. New section filed 12-6-2010; operative 1-5-2011 (Register 2010, No. 50).

Note: Authority cited: Section 5898, Welfare and Institutions Code. Reference: Sections 5813.5(a), 5813.5(c), 5813.5(d) and 5878.1(a), Welfare and Institutions Code.

1. New section filed 12-6-2010; operative 1-5-2011 (Register 2010, No. 50).