California Insurance Code 10749 – There is created a Voluntary Alliance Uniting Employers Fund which …
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There is created a Voluntary Alliance Uniting Employers Fund which shall consist of moneys collected pursuant to this article and any funds loaned by the board for operating expenses. Moneys in the fund shall be continuously appropriated without regard to fiscal year, to the board for the purposes specified in this part. Costs of the Voluntary Alliance for Uniting Employers Purchasing Program shall not be paid with state funds other than funds loaned by the board for operating expenses. Moneys within the fund shall be utilized for the purposes of this article.
(Added by Stats. 1992, Ch. 1128, Sec. 10. Effective January 1, 1993. Operative July 1, 1993, by Sec. 15 of Ch. 1128.)
Terms Used In California Insurance Code 10749
- Board: means the Major Risk Medical Insurance Board. See California Insurance Code 10700
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fund: means the California Small Group Reinsurance Fund. See California Insurance Code 10700
- Program: means the Health Insurance Plan of California. See California Insurance Code 10700
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28