Section 91314 - Advisory Loan Committee(a) The Advisory Loan Committee shall advise the Department regarding the borrower's financial capability to service the loan.(b) The Committee shall be appointed by the Director and shall consist of seven members as follows: (1) Four shall be appointed from outside State Government.(2) Three shall be appointed from state departments. One such member shall be from the Division of Facilities Development of the Department.(c) The members shall be highly qualified in the field of financial analysis of the operation of, capital outlay for, and construction of health facilities.(d) The members shall file statements of economic interest in accordance with the provisions of the Department's conflict of interest code.(e) No member may participate in any manner, including voting, in the decision of the Committee regarding a health facility in which such member has an economic interest.(f) Members appointed from outside State Government shall be entitled to claim travel expenses equivalent to those of which state employees are entitled.Cal. Code Regs. Tit. 22, § 91314
1. Editorial correction of subsections (b)(2), (c) and new NOTE filed 2-23-83 (Register 83, No. 9). Note: Authority cited: Sections 103, 446.2 and 446.3, Health and Safety Code; and Section 11152, Government Code. Reference: Section 13111.3, Health and Safety Code.
1. Editorial correction of subsections (b)(2), (c) and new NOTE filed 2-23-83 (Register 83, No. 9).