Article 3. Definitions of California Financial Code >> Division 15.5. >> Chapter 1. >> Article 3.
Subject to additional definitions contained in Division 15
(commencing with Section 31000) and this division which are
applicable to specific provisions of these divisions and unless the
context otherwise requires, the definitions in this article apply
throughout this division.
"Alternative energy system" means any device or combination
of devices which conserves or produces heat, process heat, space
heating, water heating, steam, space cooling, refrigeration,
mechanical energy, electricity, or energy in any form convertible to
these uses, which does not expend or use conventional energy fuels,
except when such conventional energy fuels are used as a back up
energy system for such alternative energy system or in conjunction
with an alternative energy system.
"Conventional energy fuel" means any fuel derived from
petroleum deposits, including but not limited to oil, heating oil,
gasoline, fuel oil, or natural gas, including liquified natural gas,
or nuclear fissionable materials. "Conventional energy fuel" includes
energy produced by the use of such fuels.
"Small business" means a business defined as an eligible
small business as set forth in Section 121.3-10 of Part 121, Chapter
1, Title 13 of the Code of Federal Regulations.
"State Controller" means the State Controller or any person
to whom the State Controller delegates the authority to act for him
or her in the particular matter.
"Rules Committee" means the rules committee of the State
Senate or any person to whom the rules committee of the State Senate
delegates to act for it in the particular matter.
"Speaker" means the Speaker of the State Assembly or any
person to whom the Speaker of the Assembly delegates the authority to
act for him in the particular matter.
"Corporation" means the State Assistance Fund for Enterprise
Business and Industrial Development Corporation.
"Energy Commission" means the State Energy Resources
Conservation and Development Commission.
" Alternative energy business firm" means any small business
engaged primarily in the business of the design, manufacture,
production, assembly, distribution, marketing, sale, transportation,
or installation of an alternative energy system, or, any small
business engaged primarily in the business of producing,
transmitting, or selling energy produced by an eligible alternative
"Board" means the board of directors of the corporation.
"President" means the president of the corporation.
"Finance officer" means the director of the finance division
of the corporation.
"Governor" means the Governor of the State of California or
any person to whom the Governor of the State of California delegates
the authority to act for him in the particular matter.
"Savings-investment ratio" means an analysis of the proposed
system in which energy cost savings are added to other net benefits
and costs from operation, maintenance, replacements, depreciation,
tax credits and financing costs, and divided by initial investment
costs. All benefits and costs are to be evaluated in present or
"Life cycle cost analysis" means an analysis of a proposed
system in which all costs and benefits are evaluated over the
expected life of the system.
"Minimum economic feasibility" means that the net savings or
benefits of an investment exceed the net costs.
"Special projects" means any financing assistance or other
program undertaken by the corporation pursuant to Article 3
(commencing with Section 32720) of Chapter 6.