California Statutes

§ 14140. — 14140. (Amended by Stats. 2016, Ch. 50, Sec. 123.)

California·Code WIC Welfare and Institutions Code - WIC·Div. 9. DIVISION 9. PUBLIC SOCIAL SERVICES·Part 3. PART 3. AID AND MEDICAL ASSISTANCE·Ch. 7. CHAPTER 7. Basic Health Care·Art. 4.4. ARTICLE 4.4. Dialysis, Parenteral Hyperalimentation, and Related Services

The following definitions shall apply to the provisions of this article:

(a)“Net worth” means:
(1)Personal property, which consists of cash, savings accounts, securities, and similar items; notes, mortgages, and deeds of trust; the cash surrender value of life insurance on the life of the applicant or beneficiary, on the life of the spouse, or any member of the family, except as provided in Section 11158; motor vehicles, except one which meets the transportation needs of the person or family; any other property or equity other than real estate, except that property specified in subdivisions (1), (2), and (3) of Section 11155.
(2)Real property, including any interest in land of more than nominal interest which does not constitute the home of the applicant for aid under this chapter. The

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California § 14140. (14140. (Amended by Stats. 2016, Ch. 50, Sec. 123.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2016, Ch. 50, Sec. 123. (SB 1005) Effective January 1, 2017.
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