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Earlier editions: 2020-112018-112026-09

DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 4. BOND AND LOAN INSURANCE 51600-51687›CHAPTER 6. Loan Loss Guarantee Program 51680-51687

§ 51685

California Health and Safety Code · 2026-10 edition · updated 2026-10-04 · California

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.

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

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