GroundRules
HSC § 129210
Where this section sits in the code
- Health and Safety Code - HSC
- DIVISION 107. HEALTH CARE ACCESS AND INFORMATION [127000. - 130079.]
- PART 6. FACILITIES LOAN INSURANCE AND FINANCING [129000. - 129387.]
- CHAPTER 1. Health Facility Construction Loan Insurance [129000. - 129355.]
- ARTICLE 5. Health Facility Construction Loan Insurance Fund [129200. - 129215.]
(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.
(2) The need for financing results from earthquakes or other natural disasters.
Collected 2026-09-14T05:56:33Z. Source file · JSON