Health and Safety Code - HSC
DIVISION 107. HEALTH CARE ACCESS AND INFORMATION [127000 - 130079]
( Heading of Division 107 amended by Stats. 2021, Ch. 143, Sec. 28. ) PART 6. FACILITIES LOAN INSURANCE AND FINANCING [129000 - 129387]
( Part 6 added by Stats. 1995, Ch. 415, Sec. 9. ) CHAPTER 1. Health Facility Construction Loan Insurance [129000 - 129355]
( Chapter 1 added by Stats. 1995, Ch. 415, Sec. 9. ) ARTICLE 7. Small Facility Loan Guarantee for Developmental Disability Programs [129275 - 129295]
( Article 7 added by Stats. 1995, Ch. 415, Sec. 9. ) 129295.
The department may insure, pursuant to this article, loans to nonprofit borrowers that are not licensed to operate the facilities for which the loans are insured, provided that the borrower has entered into a long-term residency lease agreement with a service provider selected by the applicable regional center to operate that facility. The number of facilities for which loans are insured under this section shall not exceed 100 and the aggregate amount of loans insured under this section shall not exceed one hundred million dollars ($100,000,000).
(Amended by Stats. 2021, Ch. 143, Sec. 273. (AB 133) Effective July 27, 2021.)