Health and Safety Code section 129380

(a)

This program shall be known, and may be cited, as the Distressed Hospital Loan Program.

(b)

The purpose of this program is to provide interest-free cashflow loans to not-for-profit hospitals and public hospitals in significant financial distress or to governmental entities representing a closed hospital, except as otherwise provided, to prevent the closure of, or facilitate the reopening of, those hospitals.

Source: Section 129380, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=129380. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 129380’s source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_129380

Original Source: Section 129380, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=129380. (last accessed Apr. 24, 2025).