Health and Safety Code - HSC
DIVISION 31. HOUSING AND HOME FINANCE [50000 - 54913]
( Division 31 repealed and added by Stats. 1977, Ch. 610. ) PART 4. BOND AND LOAN INSURANCE [51600 - 51687]
( Part 4 repealed and added by Stats. 1993, Ch. 115, Sec. 4. ) CHAPTER 6. Loan Loss Guarantee Program [51680 - 51687]
( Chapter 6 added by Stats. 1993, Ch. 115, Sec. 4. ) 51685.
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.)