Section 1793.17 Of Article 7. Offenses And Penalties From California Health And Safety Code >> Division 2. >> Chapter 10. >> Article 7.
1793.17
. (a) When necessary to secure the interests of depositors
or residents, the department may require that the applicant or
provider reestablish an escrow account, return previously released
moneys to escrow, and escrow all future entrance fee payments.
(b) The department may release funds from escrow as it deems
appropriate or terminate the escrow requirement when it determines
that the escrow is no longer necessary to secure the performance of
all obligations of the applicant or provider to depositors or
residents.