143 chapters · 977 sections in this title.
16 Del. C. § 9001. Created; purpose.
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§ 9001. Created; purpose. There is hereby created a special fund of the State designated the “Health Facilities Subsidy Fund.” The Fund is created to provide a source of financial assistance to health facilities corporations in connection with loans obtained with the assistance o…
16 Del. C. § 9002. Definitions.
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§ 9002. Definitions. As used in this chapter, the following terms shall have the following meanings: (1) “Board” shall mean the State Board of Health and any successor to the Board exercising the powers granted the Board by this chapter. (2) “Eligible project” shall mean any heal…
16 Del. C. § 9003. Subsidy contract — Application.
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§ 9003. Subsidy contract — Application. A written application by a health facilities corporation for a subsidy contract shall be submitted to the Department. The Department or, in the discretion of the Department, the Health Facilities Planning Council, Inc., shall review the app…
16 Del. C. § 9004. Subsidy contract — Department determination of eligibility.
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§ 9004. Subsidy contract — Department determination of eligibility. The Department shall consider each application for a subsidy contract. The Department shall either recommend or disapprove each such application and advise the issuing officers of its decision. No favorable recom…
16 Del. C. § 9005. Subsidy contract — Authorization; conditions for payments.
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§ 9005. Subsidy contract — Authorization; conditions for payments. (a) The issuing officers, upon receipt of a written favorable recommendation from the Department, shall determine the amount, terms, form and content of the subsidy contract. In making their determination, the iss…
16 Del. C. § 9006. Subsidy contract — Pledge of support; terms; records; release of mortgages securing outstanding loans.
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§ 9006. Subsidy contract — Pledge of support; terms; records; release of mortgages securing outstanding loans. A subsidy contract shall be entered into by the issuing officers on behalf of the State. The subsidy contract shall contain a pledge by the State to make payments, in th…
16 Del. C. § 9007. Repayment of outstanding loans.
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§ 9007. Repayment of outstanding loans. Repayment of all outstanding loans made from the “Health Facility Construction Fund” (established pursuant to 59 Del. Laws, c. 455), or predecessor funds, shall continue to be made to the Board. The Board shall inform the issuing officers o…
16 Del. C. § 9008. Management of Fund.
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§ 9008. Management of Fund. The Health Facilities Subsidy Fund shall be managed by the State Treasurer in conformance with policies promulgated by the Cash Management Policy Board (established pursuant to § 2716 of Title 29). Interest earned or profit realized from investment of …
16 Del. C. § 9009. Eligibility for early repayment.
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§ 9009. Eligibility for early repayment. If any health facility which has incurred any obligation to the State through loans from the Health Facility Construction Fund chooses to accelerate the repayments of all or a portion of its indebtedness to the State, and chooses to financ…
16 Del. C. § 9010-9019. [Repealed].
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§§ 9010-9019. [Repealed].