California Statutes
§ 129174.1. — 129174.1. (Amended by Stats. 2021, Ch. 143, Sec. 263.)
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. 3. ARTICLE 3. Defaults
In the event an obligor on a loan insured by the department is the subject of an order for relief in bankruptcy and that a plan has been proposed for confirmation, upon a certification by the department that the insurance is in place and would be in place if the plan were confirmed, then the department shall have the right to vote whether to accept or reject the plan on behalf of the holders of the loan insured by the department.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 129174.1. (129174.1. (Amended by Stats. 2021, Ch. 143, Sec. 263.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2021, Ch. 143, Sec. 263. (AB 133) Effective July 27, 2021.