Section 1341.4 - Managed Care Fund(a) In order to effectively support the Department of Managed Health Care in the administration of this law, there is hereby established in the State Treasury, the Managed Care Fund. The administration of the Department of Managed Health Care shall be supported from the Managed Care Fund. (b) In any fiscal year, the Managed Care Fund shall maintain not more than a prudent 5 percent reserve unless otherwise determined by the Department of Finance.Ca. Health and Saf. Code § 1341.4
Amended by Stats 2007 ch 577 (AB 1750),s 6, eff. 10/13/2007.Amended by Stats 2004 ch 228 (SB 1103), s 3, eff. 8/16/2004.Amended by Stats 2000 ch 93 (AB 2877), s 7, eff. 7/6/2000.Previously Added September 28, 1999 (Bill Number: AB 78) (Chapter 525).