TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 7.2. HEALTH FACILITIES FINANCING AUTHORITY ACT 15430-15463
§ 15451.5
California Government Code · 2020-11 edition · updated 2026-10-04 · California
A participating health institution that is a private nonprofit corporation or association and that borrows money to finance working capital pursuant to this part, other than as part of the cost of a project, shall be required to repay and discharge the loan within 15 months of the loan date.
(Added by Stats. 1987, Ch. 1426, Sec. 7. Effective September 30, 1987.)
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