Cal. Code Regs. Tit. 22, § 97930.5 - Terms of Loan Repayment
(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 or through a qualified facility or in a
mental health professional shortage 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.
Notes
Note: Authority cited: Sections 127010 and 127015, Health and Safety Code. Reference: Section 128454, Health and Safety Code.
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