California Health and Safety Code

§ 1793.13

HSC § 1793.13 Effective Jan 1, 2023Div. 2 · Ch. 10 · Art. 7

Statute text

(a)The department may require a provider to submit a financial plan and periodic financial reports if any of the following apply:

(1)A provider fails to submit to the department an audited annual report as required by Section 1790.

(2)The department has reason to believe that the provider is insolvent, is in imminent danger of becoming insolvent, is in a financially unsound or unsafe condition, or that its condition is such that it may otherwise be unable to fully perform its obligations pursuant to continuing care contracts.

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Legislative history

Amended by Stats. 2022, Ch. 538, Sec. 2. (SB 707) Effective January 1, 2023.