Statute · California Health and Safety Code
Cal. Health & Safety Code § 51628 — Administration
Cal. Health & Safety Code § 51628
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 2004-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Health & Safety Code § 51628 — Administration is in force in the current edition of the Code, and nothing recorded condemns it.
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.