California Statutes
§ 129185. — 129185. (Amended by Stats. 2021, Ch. 143, Sec. 266.)
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. 4. ARTICLE 4. Termination of Insurance
The department is authorized to terminate any insurance contract upon joint request by the borrower and the lender and upon payment of a termination charge that the department determines to be equitable, taking into consideration the necessity of protecting the fund. Upon the termination, borrowers and lenders shall be entitled to the rights, if any, that they would be entitled to under this chapter if the insurance contract were terminated by payment in full of the insured loan.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 129185. (129185. (Amended by Stats. 2021, Ch. 143, Sec. 266.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2021, Ch. 143, Sec. 266. (AB 133) Effective July 27, 2021.