§ 5450. Definitions.
4 CA ADC § 5450Barclays Official California Code of Regulations
4 CCR § 5450
§ 5450. Definitions.
In addition to the definitions set forth in Government Code section 8869.82 and unless otherwise required by the context, the following terms as used in this chapter are defined as follows:
“CEFA” means the California Educational Facilities Authority.
“Direct Lender” means an entity that originates loans directly to eligible borrowers in the state and does not include loans made for the purpose of consolidating or otherwise combining existing student loans.
“Program Sponsor” means a California nonprofit corporation organized pursuant to section 150(d) of the Internal Revenue Code of 1986, as amended, that possesses the authority to directly or indirectly make or finance student loans under the Higher Education Act of 1965, as amended, or a state agency.
“Student Loan Application” means the Application titled “Application for an Allocation of the State Ceiling on Qualified Private Activity Bonds for a Student Loan Program” (revised 11-30-18), which is hereby incorporated by reference.
“Student Loan Self Scoring Sheet” means the document provided in the Application for a Student Loan Program.
Credits
Note: Authority cited: Section 8869.94, Government Code. Reference: Section 8869.84(c), Government Code.
History
1. New chapter 7 (articles 1-3, sections 5450-5470), article 1 (section 5450) and section filed 7-29-2010 as an emergency; operative 7-29-2010 (Register 2010, No. 31). A Certificate of Compliance must be transmitted to OAL by 1-25-2011 or emergency language will be repealed by operation of law on the following day.
2. New chapter 7 (articles 1-3, sections 5450-5470), article 1 (section 5450) and section refiled 1-6-2011 as an emergency; operative 1-6-2011 (Register 2011, No. 1). A Certificate of Compliance must be transmitted to OAL by 4-6-2011 or emergency language will be repealed by operation of law on the following day.
3. New chapter 7 (articles 1-3, sections 5450-5470), article 1 (section 5450) and section refiled 4-1-2011 as an emergency; operative 4-6-2011 (Register 2011, No. 13). A Certificate of Compliance must be transmitted to OAL by 7-5-2011 or emergency language will be repealed by operation of law on the following day.
4. Certificate of Compliance as to 4-1-2011 order, including amendment of section, transmitted to OAL 6-2-2011 and filed 7-1-2011 (Register 2011, No. 26).
5. Renumbering of former chapter 7 to chapter 8 filed 12-21-2012 as an emergency pursuant to Government Code section 8869.94; operative 12-21-2012 (Register 2012, No. 51). A Certificate of Compliance must be transmitted to OAL by 6-19-2013 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 12-21-2012 order transmitted to OAL 5-23-2013 and filed 7-8-2013 (Register 2013, No. 28).
7. Amendment of definition of “Student Loan Application” filed 12-15-2016 as an emergency pursuant to Government Code section 8869.94; operative 12-15-2016 (Register 2016, No. 51). A Certificate of Compliance must be transmitted to OAL by 6-13-2017 or emergency language will be repealed by operation of law on the following day.
8. Amendment of definition of “Student Loan Application” refiled 5-30-2017 as an emergency pursuant to Government Code section 8869.94; operative 6-14-2017 (Register 2017, No. 22). A Certificate of Compliance must be transmitted to OAL by 9-12-2017 or emergency language will be repealed by operation of law on the following day.
9. Reinstatement of section as it existed prior to 12-15-2016 emergency amendment by operation of Government Code section 11346.1(f) (Register 2017, No. 38).
10. Amendment of definition of “Student Loan Application” filed 10-13-2017; operative 10-13-2017 pursuant to Government Code section 11343.4(b)(3) (Register 2017, No. 41).
11. Change without regulatory effect amending definition of “Student Loan Application” filed 1-16-2019 pursuant to section 100, title 1, California Code of Regulations (Register 2019, No. 3).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 4, § 5450, 4 CA ADC § 5450
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