California Health and Safety Code
§ 129210
HSC § 129210 Effective Jul 27, 2021Div. 107 · Part 6 · Ch. 1 · Art. 5
Statute text
View on leginfo.ca.gov(a)The department’s authorization to insure health facility construction, improvement, and expansion loans under this chapter shall be limited to a total of not more than three billion dollars ($3,000,000,000).
(b)Notwithstanding the limitation in subdivision (a), the department may exceed the specific dollar limitation in either of the following instances:
(1)Refinancing a preexisting loan, if the refinancing results in savings to the health facility and increases the probability that a loan can be repaid.
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Legislative history
Amended by Stats. 2021, Ch. 143, Sec. 269. (AB 133) Effective July 27, 2021.