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HomeHealth and Safety CodeDiv. 107Pt. 6Ch. 1Art. 2§ 129092 Borrower Insurance Feasibility Study

§ 129092 Borrower Insurance Feasibility Study

Health and Safety Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 129092 Borrower Insurance Feasibility Study

Key Takeaways

  • •If you ask the government for insurance for a project, they will check if your project is possible and how much it will cost.
  • •You have to pay for this check, and the government might hire outside experts to help.
  • •You may need to pay a deposit when you apply for this service.

Example

You want to build a new community center and need insurance for it.

The government will study if your project can work and how much it will cost. You have to pay for this study, and they might hire experts to help. You may also need to pay a deposit when you apply.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 129092 Borrower Insurance Feasibility Study

Notwithstanding any other provision of law, upon the application of a borrower for insurance, the department shall perform a feasibility study relating to the proposed project, the cost of which shall be paid by the applicant. The department may retain independent consultants and require a deposit from the applicant for such services, upon submission of the application. This section shall take effect on January 1, 2001. (Amended by Stats. 2021, Ch. 143, Sec. 244. (AB 133) Effective July 27, 2021.)

Last verified: January 23, 2026

Key Terms

insuranceapplicationeffective julyfeasibility

Related Statutes

  • § 129090 Health Facility Loan Insurance
  • § 129095 Professional Choice In Loan Insurance
  • § 129100 Insurance Application Hearing Process
  • § 129105 Loan Insurance Discretion
  • § 129040 Loan Insurance Premium Rates

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 129092.
View Official Source