Cal. Health & Saf. Code § 51647

Current through the 2023 Legislative Session.
Section 51647 - Separate accounts

The agency shall establish and maintain separate accounts in the insurance fund for a single-family mortgage guaranty insurance program and a multifamily residential mortgage guaranty insurance program. Each program shall be actuarially sound and shall be capitalized through separate insurance funds.

Ca. Health and Saf. Code § 51647

Added by Stats. 1993, Ch. 115, Sec. 4. Effective July 15, 1993.