Moneys in the fund not needed for the current operations of the department under this chapter shall be invested pursuant to law. The department may, with the approval of the State Treasurer, purchase the debentures issued under this chapter. Debentures so purchased shall be canceled and not reissued.
Cal. Health & Safety Code § 129205
Health Facility Construction Loan Insurance Fund
Known as the California Health Facility Construction Loan Insurance Law
The act spans §§ 129000 to 129335 (61 sections).
Amended by Stats. 2021, Ch. 143, Sec. 268
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.