California Legal Codes and Statutes

§ 15438.2

Added by Stats. 1985, Ch. 829, Sec. 2. Effective September 19, 1985.
(a)When capital outlay funds are granted on property which is leased for a child day care facility, the term of the lease shall be as long as, or greater than, the term of the loan.
(b)Child day care facilities shall be insurable under the California Health Facility Construction Loan Insurance Law.

Cite this section

Cal. Gov. Code § 15438.2 (2026)
https://ca.codecond.com/codes/gov/title-2-government-of-the-state-of-california/division-3-executive-department/part-7-2-health-facilities-financing-authority-act/section-15438.2

Other sections in Part 7.2 - HEALTH FACILITIES FINANCING AUTHORITY ACT

§ 15430§ 15431§ 15432§ 15433§ 15434§ 15435§ 15436§ 15437§ 15438§ 15438.2…§ 15458§ 15459§ 15459.1§ 15459.2§ 15459.3§ 15459.4§ 15460§ 15462§ 15462.5§ 15463

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