California Statutes
§ 129095. — 129095. (Amended by Stats. 2021, Ch. 143, Sec. 245.)
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. 2. ARTICLE 2. Insurable Loans and Applications Therefor
(a)The department shall not regulate, impose requirements on, or require approval by the department of a professional, or a fee charged by a professional, used by applicants for the initial application for loan insurance. The choice of any professional and the funding source used shall be left entirely to the participants.
(b)For purposes of this section, “professional” includes, but is not limited to, an underwriter, bond counsel, or consultant.
(c)Nothing in this section shall prohibit the department, in the event of defaults, from taking any action authorized under this
chapter to protect the financial interest of the state.
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California § 129095. (129095. (Amended by Stats. 2021, Ch. 143, Sec. 245.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2021, Ch. 143, Sec. 245. (AB 133) Effective July 27, 2021.