Cal. Code Regs. tit. 5 § 42014

Current through Register 2024 Notice Reg. No. 49, December 6, 2024

Section 42014 - Security Deposits

A licensee may be required to pay a refundable security deposit. The purpose of the security deposit is to assure the campus that the facility will be occupied by the licensee for the fee period, that all housing fees will be paid, that no damage or loss of property or extraordinary wear will occur and that the housing facility will be left in a reasonably clean condition. The Chancellor shall determine, on a campus-by-campus basis as recommended by the president, whether or not a security deposit will be charged of licensees and, if so, the amount of such deposit.

Cal. Code Regs. Tit. 5, § 42014

1. New NOTE filed 9-20-82; effective thirtieth day thereafter (Register 82, No. 39).

Note: Authority cited: Sections 66000, 89030, 89035 and 90012, Education Code. Reference: Section 90000, Education Code.

1. New NOTE filed 9-20-82; effective thirtieth day thereafter (Register 82, No. 39).