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DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 4. BOND AND LOAN INSURANCE 51600-51687›CHAPTER 3. Program Priorities 51645-51648

§ 51647

California Health and Safety Code · 2026-09 edition · updated 2026-10-03 · California

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.

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

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