California § 51070 - The agency shall require that qualified mortgage lenders do not substitute funds

Full text of California Public Contract Code - PCC § 51070 — The agency shall require that qualified mortgage lenders do not substitute funds, with citation guidance and answers to common questions.

§ 51070. The agency shall require that qualified mortgage lenders do not substitute funds

The agency shall require that qualified mortgage lenders do not substitute funds made available under this part for the lenders’ own resources, without permission of the agency. Qualified mortgage lenders may provide financing under this part until the agency makes a finding that the lender is in violation of this section or decertifies the lender pursuant to Section 50094.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 51070

What does Public Contract Code - PCC § 51070 cover?

Section 51070 ("The agency shall require that qualified mortgage lenders do not substitute funds") 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 § 51070?

A common citation format is "Public Contract Code - PCC § 51070" (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 § 51070 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.