Statute · California Military and Veterans Code
Cal. Mil. & Vet. Code § 989 — Pooled Self-Insurance
Cal. Mil. & Vet. Code § 989
- Type
- Statute
- Source
- California Military and Veterans Code
- Jurisdiction
- California
- Date
- 2010-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
It is the intent of the Legislature to establish the Pooled Self-Insurance Fund in order to ensure that each of the department’s insurance reserve funds are self-sufficient and adequately maintained for the benefit of the contract purchasers. For reasons of prudent financial management, the…
Citator
Cal. Mil. & Vet. Code § 989 — Pooled Self-Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
It is the intent of the Legislature to establish the Pooled Self-Insurance Fund in order to ensure that each of the department’s insurance reserve funds are self-sufficient and adequately maintained for the benefit of the contract purchasers. For reasons of prudent financial management, the department will pool the reserves for the purpose of providing reliable, consistent, and affordable home protection, and to encourage the strengthening of bond ratings, thereby increasing the efficacy of the Veterans’ Farm and Home Purchase Act of 1974.