(a) The State of California shall be entitled to recapture a portion of state funds from the owner of a facility, if within 10 years after acquisition or 20 years after completion of construction, either of the following occurs:
(1) The owner of the facility ceases to be a public or nonprofit agency.
(2) The facility is no longer used for senior center activities.
(b) The amount recovered shall be that proportion of the current value of the facility equal to the proportion of state funds contributed to the original cost. The current value of the facility shall be determined by an agreement between the owner of the facility and the State of California, or by an action in the court in the jurisdiction in which the facility is located.
(Added by Stats. 1996, Ch. 1097, Sec. 13. Effective January 1, 1997.)
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