Statute · California Insurance Code

Cal. Ins. Code § 10089.32 — California Earthquake Authority

Cal. Ins. Code § 10089.32

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
1996-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The authority shall endeavor at all times to make specific authority earthquake policyholder assessments, and the Treasurer shall endeavor at all times to secure debt financing, only for the actual funds reasonably estimated to be required for immediate authority operations.

Citator

Cal. Ins. Code § 10089.32 — California Earthquake Authority is in force in the current edition of the Code, and nothing recorded condemns it.

The authority shall endeavor at all times to make specific authority earthquake policyholder assessments, and the Treasurer shall endeavor at all times to secure debt financing, only for the actual funds reasonably estimated to be required for immediate authority operations.