Small Facility Loan Guarantee for Developmental Disability Programs
Known as the California Health Facility Construction Loan Insurance Law
The act spans §§ 129000 to 129335 (61 sections).
Amended by Stats. 2010, Ch. 730, Sec. 4
(a) Loans of under three hundred thousand dollars ($300,000) for any single facility for six or fewer developmentally disabled shall have priority for obtaining loan insurance.
(b) The total amount of loans that may be insured pursuant to this article shall not exceed one hundred million dollars ($100,000,000).
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.