Statute · California Health and Safety Code
Cal. Health & Safety Code § 129380 — Distressed Hospital Loan Program
Cal. Health & Safety Code § 129380
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2023-05-15
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) This program shall be known, and may be cited, as the Distressed Hospital Loan Program.
Citator
Cal. Health & Safety Code § 129380 — Distressed Hospital Loan Program is in force in the current edition of the Code, and nothing recorded condemns it.
(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.