§ 129380
62 words·~1 min read·
/ca/health-and-safety-code/129380A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)This program shall be known, and may be cited, as the Distressed Hospital Loan Program.
(b)The purpose of this program is to provide interest-free cashflow loans to not-for-profit hospitals and public hospitals in significant financial distress or to governmental entities representing a closed hospital, except as otherwise provided, to prevent the closure of, or facilitate the reopening of, those hospitals.