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HomeHealth and Safety CodeDiv. 107Pt. 6Ch. 1Art. 5§ 129200 Health Facility Construction Loan Insurance Fund

§ 129200 Health Facility Construction Loan Insurance Fund

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

§ 129200 Health Facility Construction Loan Insurance Fund

Key Takeaways

  • •There is a special fund called the Health Facility Construction Loan Insurance Fund.
  • •This fund is used to help pay for building or fixing health places, like hospitals or clinics.
  • •The money in this fund can be used anytime it's needed, not just during a specific year.
  • •The government department in charge can use this money to cover their costs for running this program.

Example

A small town needs a new clinic but doesn't have enough money to build it.

The town can ask for a loan from this special fund to help pay for building the clinic. The fund is always available, so the town doesn't have to wait for a specific time of the year to get the money.

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

Official Source
View on CA.gov

§ 129200 Health Facility Construction Loan Insurance Fund

There is hereby established a Health Facility Construction Loan Insurance Fund, that shall be used by the department as a revolving fund for carrying out the provisions and administrative costs of this chapter. Notwithstanding Section 13340 of the Government Code, the money in the fund is hereby continuously appropriated to the department without regard to fiscal years for the purposes of this chapter. (Amended by Stats. 2021, Ch. 143, Sec. 267. (AB 133) Effective July 27, 2021.)

Last verified: January 23, 2026

Key Terms

insurancehealthfacilityconstructioneffective july

Related Statutes

  • § 129020 Health Facility Loan Insurance
  • § 129090 Health Facility Loan Insurance
  • § 129174 Defaulted Loan Bond Actions
  • § 129215 Health Facility Loan Insurance Fund
  • § 129330 Health Facility Loan Fund Study

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 129200.
View Official Source