Statute · California Government Code
Cal. Gov't Code § 15438.2 — HEALTH FACILITIES FINANCING AUTHORITY ACT
Cal. Gov't Code § 15438.2
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1985-09-19
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) When capital outlay funds are granted on property which is leased for a child day care facility, the term of the lease shall be as long as, or greater than, the term of the loan.
Citator
Cal. Gov't Code § 15438.2 — HEALTH FACILITIES FINANCING AUTHORITY ACT is in force in the current edition of the Code, and nothing recorded condemns it.
(a) When capital outlay funds are granted on property which is leased for a child day care facility, the term of the lease shall be as long as, or greater than, the term of the loan.
(b) Child day care facilities shall be insurable under the California Health Facility Construction Loan Insurance Law.