California Health and Safety Code 51627 – The assets of the insurance fund shall be applicable to the payment …
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The assets of the insurance fund shall be applicable to the payment of losses sustained on account of insurance and to the payment of the salaries and other expenses charged against it in accordance with this part.
(Added by Stats. 1993, Ch. 115, Sec. 4. Effective July 15, 1993.)
Terms Used In California Health and Safety Code 51627
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- insurance fund: means the California Housing Loan Insurance Fund, which is hereby created. See California Health and Safety Code 51603