Statute · California Insurance Code

Cal. Ins. Code § 13901 — AFFORDABLE HOUSING ENTITIES RISK RETENTION POOL

Cal. Ins. Code § 13901

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2011-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The pooling arrangement established pursuant to this division shall not be considered insurance, and shall not be subject to regulation under this code.

Citator

Cal. Ins. Code § 13901 — AFFORDABLE HOUSING ENTITIES RISK RETENTION POOL is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The pooling arrangement established pursuant to this division shall not be considered insurance, and shall not be subject to regulation under this code.

(b) All affordable housing entities participating in a pooling arrangement established pursuant to this division shall be given written notice, in at least 10-point type, that the pool is not regulated by the Insurance Commissioner and that the state insurance insolvency guaranty funds are not available to safeguard its risk.