| (a) Except as provided in subsection (b) of this section, an
owner or operator providing a self- guarantee, as specified in §37.9020(e)
of this title (relating to Financial Assurance Mechanisms), must provide a
letter from the chief financial officer as specified in §37.351 of this
title (relating to Financial Test), except Alternative I and Alternative II
as specified in §37.351 of this title shall be replaced with Alternative
I and Alternative II of this subsection.
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(b) An owner or operator that is a nonprofit college, university,
or hospital providing a self-guarantee as specified in §37.9020(g) of
this title, must provide a letter from the chief financial officer of the
owner or operator as specified in §37.351 of this title, except Alternative
I and Alternative II as specified in §37.351 of this title shall be replaced
with Alternative I and Alternative II of this subsection.
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