California Insurance Code 10089.55 – The board shall conduct the affairs of the authority with respect to …
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The board shall conduct the affairs of the authority with respect to transacting earthquake insurance, including administering the California Earthquake Authority Fund. Except as provided in paragraph (2) of subdivision (a) of Section 10089.6, the board has no authority to administer the Wildfire Fund. At every meeting of the board, the board shall post an agenda that clearly identifies the meeting as relating to the business of earthquake insurance.
(Added by Stats. 2019, Ch. 81, Sec. 6. (AB 111) Effective July 12, 2019.)
Terms Used In California Insurance Code 10089.55
- Authority: means the California Earthquake Authority. See California Insurance Code 10089.5
- Board: means the governing board of the authority. See California Insurance Code 10089.5