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§ 97923. Terms of Loan Repayment.

22 CA ADC § 97923Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 22. Social Security
Division 7. Health Planning and Facility Construction (Refs & Annos)
Chapter 16. Vocational Nurse Scholarship and Loan Repayment Program
Article 3. Loan Repayment Program Provisions
22 CCR § 97923
§ 97923. Terms of Loan Repayment.
Currentness
(a) Loan repayments shall be made on a quarterly basis.
(b) Loan repayments shall be conditioned upon the recipient providing:
(1) Quarterly reports substantiating service in a medically underserved area in California, and
(2) Updated lender statements.
(c) The recipient shall continue to make any required periodic payments concurrently with payments made by the Office to avoid defaulting on outstanding loans.
(d) Nothing in this section shall prohibit the Office from paying a recipient directly, instead of a lender or note holder.

Credits

Note: Authority cited: Sections 127010 and 127015, Health and Safety Code. Reference: Sections 128350 and 128485, Health and Safety Code.
History
1. New section filed 7-24-2006; operative 7-24-2006 pursuant to Government Code section 11343.4 (Register 2006, No. 30).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 22, § 97923, 22 CA ADC § 97923
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