Government Code section 15451.5


A participating health institution that is a private nonprofit corporation or association and that borrows money to finance working capital pursuant to this part, other than as part of the cost of a project, shall be required to repay and discharge the loan within 24 months of the loan date.

Source: Section 15451.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=15451.­5.­ (updated Jun. 30, 2022; accessed Nov. 10, 2025).

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Verified:
Nov. 10, 2025

§ 15451.5's source at ca​.gov