Cal. Code Regs. tit. 2 § 1869.3

Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 1869.3 - Bonding Requirement/Repayment Assurance

As a condition to receiving a loan for renovation or repair, the recipient (a private, non-profit child care and development program performed pursuant to Education Code Section 8262; a child care and development program conducted pursuant to Education Code Sections 8225, et seq.; or a child care and development program operated by, or a facility owned by, a public entity) will be required to (1) provide a bond to insure the loan repayment; or (2) the certification provided in the form set out in Section 1869.4, assuring that a public entity has the ability to repay the loan, or in the case of a non-public entity, satisfactory evidence, such as an independent audited financial statement that is acceptable to the Executive Officer of the State Allocation Board, that indicates the non-public agency has the ability to repay the loan.

Cal. Code Regs. Tit. 2, § 1869.3

1. New section filed 3-3-87; effective thirtieth day thereafter (Register 87, No. 10.)
2. Amendment filed 2-15-89 as an emergency; operative 2-15-89 (Register 89, No. 8). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-15-89.
3. Certificate of Compliance transmitted to OAL 6-13-89. Order of Repeal of 2-15-89 emergency order filed 7-13-89 by OAL pursuant to Government Code Section 11349.6 (Register 89, No. 28).
4. Amendment filed 7-13-89 as an emergency; operative 7-13-89 (Register 89, No. 28). A Certificate of Compliance must be transmitted to OAL within 120 days, by 11-10-89, or emergency language will be repealed.
5. Certificate of Compliance as to 7-13-89 order transmitted to OAL 10-19-89 and disapproved by OAL on 11-20-89 (Register 89, No. 47).
6. Amendment refiled 11-22-89 as an emergency; operative 11-22-89 (Register 89, No. 47). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed by operation of law on 3-22-90.
7. Certificate of Compliance as to 11-22-89 order transmitted to OAL 2-7-90 and filed 3-1-90 (Register 90, No. 10).

Note: Authority cited: Sections 15502 and 15503, Government Code. Reference: Sections 8493- 8496, Education Code.

1. New section filed 3-3-87; effective thirtieth day thereafter (Register 87, No. 10.)
2. Amendment filed 2-15-89 as an emergency; operative 2-15-89 (Register 89, No. 8). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-15-89.
3. Certificate of Compliance transmitted to OAL 6-13-89. Order of Repeal of 2-15-89 emergency order filed 7-13-89 by OAL pursuant to Government Code Section 11349.6 (Register 89, No. 28).
4. Amendment filed 7-13-89 as an emergency; operative 7-13-89 (Register 89, No. 28). A Certificate of Compliance must be transmitted to OAL within 120 days, by 11-10-89, or emergency language will be repealed.
5. Certificate of Compliance as to 7-13-89 order transmitted to OAL 10-19-89 and disapproved by OAL on 11-20-89 (Register 89, No. 47).
6. Amendment refiled 11-22-89 as an emergency; operative 11-22-89 (Register 89, No. 47). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed by operation of law on 3-22-90.
7. Certificate of Compliance as to 11-22-89 order transmitted to OAL 2-7-90 and filed 3-1-90 (Register 90, No. 10).