(a) The university may participate in the program as the program administrator, a beneficiary, or both.

(b) Prior to establishing the program, the university may pursue any federal, state, or internal approvals, authorizations, or advice it deems necessary to the university’s participation.

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Terms Used In California Health and Safety Code 101992

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23

(c) The university may decline to establish or participate in the program.

(d) The university may terminate the program if it determines that the program is not viable.

(Added by Stats. 2016, Ch. 661, Sec. 2. (AB 1823) Effective January 1, 2017.)