California § 26061 - To qualify for assistance pursuant to this chapter, the PACE program shall requir
Full text of California Public Contract Code - PCC § 26061 — To qualify for assistance pursuant to this chapter, the PACE program shall requir, with citation guidance and answers to common questions.
§ 26061. To qualify for assistance pursuant to this chapter, the PACE program shall requir
To qualify for assistance pursuant to this chapter, the PACE program shall require all of the following: (a) The interest rate on the PACE bond does not exceed a percentage as determined by the authority to be appropriate. (b) Minimum legal financing structure and credit underwriting criteria as determined by the authority are met. (c) Proceeds of the PACE bonds are used to finance qualified energy and water efficiency, electric vehicle charging infrastructure, and clean energy improvements. (d) The improvement financed is for a residential project of three units or fewer, or a commercial project that costs less than twenty-five thousand dollars ($25,000) in total.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 26061
What does Public Contract Code - PCC § 26061 cover?
Section 26061 ("To qualify for assistance pursuant to this chapter, the PACE program shall requir") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 26061?
A common citation format is "Public Contract Code - PCC § 26061" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 26061 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.