California Health and Safety Code

§ 44559.4

HSC § 44559.4 Effective Jan 1, 2017Div. 27 · Ch. 1 · Art. 8

Statute text

(a)If a financial institution that is participating in the Capital Access Loan Program established pursuant to this article decides to enroll a qualified loan under the program in order to obtain the protection against loss provided by its loss reserve account, it shall notify the authority in writing on a form prescribed by the authority, within 15 days after the date on which the loan is made, of all of the following:

(1)The disbursement of the loan.

(2)The dollar amount of the loan enrolled.

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Legislative history

Amended (as added by Stats. 2012, Ch. 274, Sec. 2) by Stats. 2016, Ch. 86, Sec. 192. (SB 1171) Effective January 1, 2017. Section operative April 1, 2017, by its own provisions.