Cal. FIN § 22017
This is the official text of Cal. FIN § 22017, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
(a) “PACE solicitor” means a person authorized by a program administrator to solicit a property owner to enter into an assessment contract.
(b) “PACE solicitor agent” means an individual who is employed or retained by, and acts on behalf of, a PACE solicitor to solicit a property owner to enter into an assessment contract.
(c) “PACE solicitor” and “PACE solicitor agent” do not include any of the following:
(1) A person employed by a program administrator.
(2) A person, including a home improvement contractor or subcontractor, who does not solicit property owners to enter into assessment contracts.
(3) A person who performs purely administrative or clerical tasks.
(4) A person who advertises a PACE program, if the content of the advertising is created, prepared, or approved by a program administrator, and advertising is subject to, and in compliance with this division.
(5) A person who obtains information regarding prospective applicants for PACE financing, or who provides to a program administrator information regarding prospective applicants for PACE financing, if that information was not obtained in connection with advertising or soliciting a PACE program.
(6) A person who only solicits a property owner to enter into an assessment contract with a person who is not considered a program administrator within the meaning of subdivision (b) of Section 22018.
(b) “PACE solicitor agent” means an individual who is employed or retained by, and acts on behalf of, a PACE solicitor to solicit a property owner to enter into an assessment contract.
(c) “PACE solicitor” and “PACE solicitor agent” do not include any of the following:
(1) A person employed by a program administrator.
(2) A person, including a home improvement contractor or subcontractor, who does not solicit property owners to enter into assessment contracts.
(3) A person who performs purely administrative or clerical tasks.
(4) A person who advertises a PACE program, if the content of the advertising is created, prepared, or approved by a program administrator, and advertising is subject to, and in compliance with this division.
(5) A person who obtains information regarding prospective applicants for PACE financing, or who provides to a program administrator information regarding prospective applicants for PACE financing, if that information was not obtained in connection with advertising or soliciting a PACE program.
(6) A person who only solicits a property owner to enter into an assessment contract with a person who is not considered a program administrator within the meaning of subdivision (b) of Section 22018.
Status: in_force · Read it on the official government site
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