Cal. Health & Saf. Code § 51685

Current through the 2023 Legislative Session.

Section 51685 - Creation of reserves for loan loss guarantees and for initial administrative expenses

Moneys transferred to the insurance fund under this section may be used to create reserves for loan loss guarantees authorized by this chapter and for the initial administrative expenses of the program which are not offset by premium income.

Ca. Health and Saf. Code § 51685

Added by Stats. 1993, Ch. 115, Sec. 4. Effective July 15, 1993. Conditionally inoperative as provided in Section 51687.