Cal. Health and Safety Code § 51628
Cal. Health and Safety Code § 51628
California · California Health and Safety Code · Status: effective · Effective 2004-01-01
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- Citation
- Cal. Health and Safety Code § 51628, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/869975
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Full text
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.