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HomeHealth and Safety CodeDiv. 107Pt. 6Ch. 1Art. 5§ 129215 Health Facility Loan Insurance Fund

§ 129215 Health Facility Loan Insurance Fund

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

§ 129215 Health Facility Loan Insurance Fund

Key Takeaways

  • •There is a special fund called the Health Facility Construction Loan Insurance Fund.
  • •This fund can only be used for specific purposes allowed by the law.
  • •No one can use the money or the interest from this fund for anything else.

Example

Imagine there is a piggy bank labeled 'For Building Hospitals Only'.

The money in this piggy bank, and any extra money it makes, can only be used to help build or fix hospitals. You can't take money from this piggy bank to buy toys or anything else.

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

Official Source
View on CA.gov

§ 129215 Health Facility Loan Insurance Fund

The Health Facility Construction Loan Insurance Fund, established pursuant to Section 129200, shall be a trust fund and neither the fund nor the interest or other earnings generated by the fund shall be used for any purpose other than those purposes authorized by this chapter. (Added by Stats. 1995, Ch. 415, Sec. 9. Effective January 1, 1996.)

Last verified: January 23, 2026

Key Terms

insurancehealthfacilityconstruction

Related Statutes

  • § 129200 Health Facility Construction Loan Insurance Fund
  • § 129000 Health Facility Loan Insurance
  • § 129005 Health Facility Loan Insurance
  • § 129020 Health Facility Loan Insurance
  • § 129090 Health Facility Loan Insurance

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Health and Safety Code. Section 129215.
View Official Source