Cal. Code Regs. tit. 22 § 91321

Current through Register 2024 Notice Reg. No. 49, December 6, 2024
Section 91321 - Length and Maturity of Loans
(a) The repayment period for loans shall be limited to the lesser of the following:
(1) Thirty years from the beginning of amortization.
(2) Seventy-five percent of the Department's estimate of the economic life of the facility.

Cal. Code Regs. Tit. 22, § 91321

1. Editorial correction adding NOTE filed 2-23-83 (Register 83, No. 9).

Note: Authority cited: Sections 103, 446.2 and 446.3, Health and Safety Code; and Section 11152, Government Code. Reference: Section 13111.3, Health and Safety Code.

1. Editorial correction adding NOTE filed 2-23-83 (Register 83, No. 9).