California Insurance Code 10089.38 – Upon the development and implementation of an economical system …
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Upon the development and implementation of an economical system satisfactory to the board and the commissioner to prevent misapplication of mitigation funds, the Earthquake Loss Mitigation Fund may be applied to supply grants and loans or loan guarantees to dwelling owners who wish to retrofit their homes to protect against earthquake damage.
(Added by Stats. 1995, Ch. 944, Sec. 2. Effective January 1, 1996.)
Terms Used In California Insurance Code 10089.38
- Board: means the governing board of the authority. See California Insurance Code 10089.5
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20