California Health and Safety Code

§ 1792

HSC § 1792 Effective Jan 1, 2005Div. 2 · Ch. 10 · Art. 6

(a)A provider shall maintain at all times qualifying assets as a liquid reserve in an amount that equals or exceeds the sum of the following:

(1)The amount the provider is required to hold as a debt service reserve under Section 1792.3.

(2)The amount the provider must hold as an operating expense reserve under Section 1792.4.

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Legislative history

Amended by Stats. 2004, Ch. 129, Sec. 2. Effective January 1, 2005.