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Section 1575.6 Of Article 3. Licensure From California Health And Safety Code >> Division 2. >> Chapter 3.3. >> Article 3.
1575.6
. (a) As a prudent business practice, a licensee shall
maintain sufficient financial resources for adult day health care
operations to enable each licensed facility to operate for 30
calendar days.
(b) The financial resource requirement contained in subdivision (a) may be met, in whole or in part, by a line of credit, grant, or loan.
(c) Whenever a licensee fails to meet the financial resource requirement contained in subdivision (a) for a period of 10 working days, the licensee shall notify the department of that fact within 48 hours.
(b) The financial resource requirement contained in subdivision (a) may be met, in whole or in part, by a line of credit, grant, or loan.
(c) Whenever a licensee fails to meet the financial resource requirement contained in subdivision (a) for a period of 10 working days, the licensee shall notify the department of that fact within 48 hours.
