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§ 50483. Loans.

22 CA ADC § 50483Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 22. Social Security
Division 3. Health Care Services
Subdivision 1. California Medical Assistance Program (Refs & Annos)
Chapter 2. Determination of Medi-Cal Eligibility and Share of Cost
Article 9. Property
22 CCR § 50483
§ 50483. Loans.
Currentness
(a) Loans shall be exempt as property in the month in which they are any of the following:
(1) Exempt as income in accordance with Section 50533.
(2) Treated as income in the month of receipt because no repayment is required.
(b) Loans which require repayment, except those exempted in (a)(1), shall be included in the property reserve beginning in the month of receipt.

Credits

Note: Authority cited: Sections 10725 and 14124.5, Welfare and Institutions Code. Reference: Section 14006, Welfare and Institutions Code.
History
1. Amendment filed 9-17-79 as an emergency; effective upon filing (Register 79, No. 38). A Certificate of Compliance must be filed within 120 days or emergency language will be repealed on 1-15-80.
2. Certificate of Compliance transmitted to OAH 1-8-80 and filed 1-16-80 (Register 80, No. 3).
This database is current through 6/21/24 Register 2024, No. 25.
Cal. Admin. Code tit. 22, § 50483, 22 CA ADC § 50483
End of Document