§ 129174.1
81 words·~1 min read·
/ca/health-and-safety-code/129174-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.