GroundRules
HSC § 51628
Where this section sits in the code
- Health and Safety Code - HSC
- DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]
- PART 4. BOND AND LOAN INSURANCE [51600. - 51687.]
- CHAPTER 2. Administration [51610. - 51643.5.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON