California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 1. FIRE AND MARINE INSURANCE |
Chapter 8.6. California Earthquake Authority |
Section 10089.32.
Latest version.
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The authority shall endeavor at all times to make specific authority earthquake policyholder assessments, and the Treasurer shall endeavor at all times to secure debt financing, only for the actual funds reasonably estimated to be required for immediate authority operations.
(Added by Stats. 1995, Ch. 944, Sec. 2. Effective January 1, 1996.)