Section 50568 Of Article 10. Surplus Real Property From California Government Code >> Division 1. >> Title 5. >> Part 1. >> Chapter 2. >> Article 10.
50568
. Unless the context otherwise requires, the following
definitions govern the construction of this article:
(a) "Persons and families of low or moderate income" means persons
and families of low or moderate income, as defined by Section 50093
of the Health and Safety Code.
(b) "Limited dividend housing corporation" means any joint
venture, partnership, limited partnership, trust, limited liability
company, or corporation organized or existing under the laws of this
state or authorized to do business in this state and subject to the
restrictions of Division 24 (commencing with Section 33000) of the
Health and Safety Code.
(c) "Housing corporation" means a corporation organized pursuant
to the Community Land Chest Law (Chapter 2 (commencing with Section
35100) of Part 3 of Division 24 of the Health and Safety Code).
(d) "Nonprofit corporation" means a nonprofit corporation formed
under or subject to the provisions of Part 2 (commencing with Section
5110) of Division 2 of Title 1 of the Corporations Code and whose
articles of incorporation provide that the corporation has been
organized exclusively to provide housing facilities for persons and
families of low or moderate income.