Cal. HSC § 51628

Cal. HSC § 51628

Last amended: 2003Year: 2025Length: 78 wordsOfficial source
The agency shall, after a reasonable time during which it may establish a business, be competitive with other insurers, and it is the intent of the Legislature that the insurance fund shall ultimately become neither more nor less than self-supporting. However, this section shall not be construed to preclude the insurance fund from operating in a manner that will permit the agency to create additional reserves from operations in order that the agency can maximize its insurance capacity.
Cal. HSC § 51628 | Justis AI