HEALTH FACILITIES FINANCING AUTHORITY ACT
Known as the California Health Facilities Financing Authority Act
The act spans §§ 15430–15463 (41 sections).
Added by Stats. 1985, Ch. 829, Sec. 2
(a) When capital outlay funds are granted on property which is leased for a child day care facility, the term of the lease shall be as long as, or greater than, the term of the loan.
(b) Child day care facilities shall be insurable under the California Health Facility Construction Loan Insurance Law.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.