After a RRHP loan application is approved, the loan officer shall prepare a RRHP loan agreement, stating the terms and conditions of the loan, and a promissory note. The loan officer shall mail these two documents to the applicant. Both of these documents shall be signed by all of the co-applicants. The signatures on the promissory note shall be notarized. Both documents shall be signed and returned to the loan officer prior to disbursement of funds.
Cal. Code Regs. Tit. 9, § 11026
Note: Authority cited: Sections 11755 and 11755.2, Health and Safety Code. Reference: Section 11755.2, Health and Safety Code; and Section 300 x-25, Title 42, United States Code.