Statutes, codes, and regulations
California Code Of Regulations
Title 22 - Social SecurityDivision 3 - Health Care ServicesSubdivision 1 - California Medical Assistance ProgramChapter 2 - Determination of Medi-Cal Eligibility and Share of Cost
Article 1 - DEFINITIONS, ABBREVIATIONS AND PROGRAM TERMS
Section 50013 - Adequate Consideration

Cal. Code Regs. tit. 22 § 50013

Download
PDF
Current through Register 2024 Notice Reg. No. 44, November 1, 2024
Section 50013 - Adequate Consideration

Adequate consideration means the receipt of cash or property which is fair and reasonable under the circumstances considering the net market value of property that is sold, converted or transferred.

Cal. Code Regs. Tit. 22, § 50013

1. Editorial correction adding NOTE filed 7-7-83 (Register 83, No. 29).

Note: Authority cited: Sections 10725 and 14124.5, Welfare and Institutions Code. Reference: Section 14015, Welfare and Institutions Code.

1. Editorial correction adding NOTE filed 7-7-83 (Register 83, No. 29).