Cal. Gov. Code § 15451.5

Current through the 2023 Legislative Session.
Section 15451.5 - Repayment and discharge of loan to finance working capital

A participating health institution that is a private nonprofit corporation or association and that borrows money to finance working capital pursuant to this part, other than as part of the cost of a project, shall be required to repay and discharge the loan within 24 months of the loan date.

Ca. Gov. Code § 15451.5

Amended by Stats 2022 ch 47 (SB 184),s 3, eff. 6/30/2022.
Added by Stats. 1987, Ch. 1426, Sec. 7. Effective September 30, 1987.