California Health and Safety Code 1793.83 – (a) When there is a permanent closure, as defined in paragraph …
(a) When there is a permanent closure, as defined in paragraph (3) of subdivision (p) of Section 1771, within 30 days of submitting the relocation plan to the department, the provider shall fund a reserve, set up a trust fund, or secure a performance bond to ensure the fulfillment of the obligations and commitments associated with the relocation plan. The amount of the reserve trust fund or performance bond shall be equal to or greater than the estimated costs of relocating residents and the costs associated with the relocation options pursuant to Section 1793.81 and subdivision (a) of Section 1793.82.
(b) The reserve, trust fund, or performance bond shall be funded with qualifying assets enumerated in paragraphs (1) to (5), inclusive, of subdivision (a) of Section 1792.2 and shall not be subject to any liens, judgments, garnishments, or creditor’s claims.
Terms Used In California Health and Safety Code 1793.83
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- department: means State Department of Health Services. See California Health and Safety Code 20
(Added by Stats. 2009, Ch. 442, Sec. 3. (AB 407) Effective January 1, 2010.)