California Health and Safety Code

§ 51685

HSC § 51685 Effective Jul 15, 1993Div. 31 · Part 4 · Ch. 6

Statute text

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.

Legislative history

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