12939. The Legislature finds and declares all of the following: (a) There are specialized financial institutions in California that are specifically dedicated to, and whose core purpose is to, provide financial products and services to people and communities underserved by traditional financial markets and to support renewable energy projects, energy efficiency improvements, economic development, and affordable […]
12939.1. (a) The department, California Organized Investment Network (COIN), or any successor thereof, shall require the CDFIs receiving tax credit investments pursuant to Sections 12209, 17053.57, and 23657 of the Revenue and Taxation Code to submit reports to the department, COIN, or any successor thereof, on their use of the program and may specify by notice […]
12939.2. (a) The commissioner may establish and appoint a California Organized Investment Network Advisory Board. (b) For purposes of this section, all of the following shall apply: (1) “Commissioner” means the Insurance Commissioner of this state. (2) “Board” means the California Organized Investment Network Advisory Board. (3) “Licensed attorney” means an attorney who resides in this state who has successfully […]
