§ 51647
41 words·~1 min read·
/ca/health-and-safety-code/51647A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The agency shall establish and maintain separate accounts in the insurance fund for a single-family mortgage guaranty insurance program and a multifamily residential mortgage guaranty insurance program. Each program shall be actuarially sound and shall be capitalized through separate insurance funds.