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Cal. Health & Safety Code § 129174.1

Defaults

Known as the California Health Facility Construction Loan Insurance Law

The act spans §§ 129000–129335 (61 sections).

Amended by Stats. 2021, Ch. 143, Sec. 263

In the event an obligor on a loan insured by the department is the subject of an order for relief in bankruptcy and that a plan has been proposed for confirmation, upon a certification by the department that the insurance is in place and would be in place if the plan were confirmed, then the department shall have the right to vote whether to accept or reject the plan on behalf of the holders of the loan insured by the department.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.