California Statutes

§ 129330. — 129330. (Amended by Stats. 2021, Ch. 143, Sec. 274.)

California § 129330.
JurisdictionCalifornia
Code HSCHealth 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. 9.ARTICLE 9. Rural Hospital Grant Program

This text of California § 129330. (129330. (Amended by Stats. 2021, Ch. 143, Sec. 274.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Health and Safety Code - HSC Code § 129330. (2026).

Text

In each even-numbered year, the department shall contract for an actuarial study to determine the reserve sufficiency of funds in the Health Facility Construction Loan Insurance Fund. The study shall examine the portfolio of existing insured loans and shall estimate the amount of reserve funds that the department should reasonably have available to be able to respond adequately to potential foreseeable risks, including extraordinary administrative expenses and actual defaults. Actuarial study contracts shall be exempt from Section 10373 of the Public Contract Code and shall be considered sole-source contracts.

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Legislative History

Amended by Stats. 2021, Ch. 143, Sec. 274. (AB 133) Effective July 27, 2021.
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Bluebook (online)
California § 129330., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/129330..