California Statutes

§ 129049. — 129049. (Amended by Stats. 2021, Ch. 143, Sec. 232.)

California·Code HSC Health and Safety Code - HSC·Div. 107. DIVISION 107. HEALTH CARE ACCESS AND INFORMATION·Part 6. PART 6. FACILITIES LOAN INSURANCE AND FINANCING·Ch. 1. CHAPTER 1. Health Facility Construction Loan Insurance·Art. 1.5. ARTICLE 1.5. Hospital Construction Assistance
(a)The department may, at the request of a hospital, commission an independent study of market need and feasibility, as required by the United States Department of Housing and Urban Development, as part of an application for mortgage insurance for hospitals pursuant to Section 1715z-7 of Title 12 of the United States Code, or any other federal mortgage insurance program for health-related facilities.
(b)The cost of the feasibility study permitted pursuant to subdivision (a) shall be paid for by the department from reimbursements received from the applicant.
(c)Notwithstanding any other provision of law, the department may directly retain independent feasibility consultants and require a deposit from the applicant for the entire cost of the services at the time they are requested.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 129049. (129049. (Amended by Stats. 2021, Ch. 143, Sec. 232.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 1715z
12 U.S.C. § 1715z

Legislative History

Amended by Stats. 2021, Ch. 143, Sec. 232. (AB 133) Effective July 27, 2021.
View on official source ↗