Code Section

Insurance Code - INS

DIVISION 4. AFFORDABLE HOUSING ENTITIES RISK RETENTION POOL [13900 - 13907]

  ( Division 4 added by Stats. 2010, Ch. 384, Sec. 1. )
  
13905.  

Nothing in this division shall be construed to authorize an affordable housing entity to pay for, to insure, to contract for payment of, or to provide for payment for, any part of a claim or judgment against an employee of the affordable housing entity for punitive or exemplary damages.

(Added by Stats. 2010, Ch. 384, Sec. 1. (AB 2327) Effective January 1, 2011.)