§ 51628
78 words·~1 min read·
/ca/health-and-safety-code/51628A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.