Cal. Ins. Code § 11775

Current through the 2023 Legislative Session.
Section 11775 - Competitive with other insurers

The fund shall, after a reasonable time during which it may establish a business, be fairly competitive with other insurers, and it is the intent of the Legislature that the fund shall ultimately become neither more nor less than self-supporting. For that purpose loss experience and expense shall be ascertained and dividends or credits may be made as provided in this article.

Ca. Ins. Code § 11775

Enacted by Stats. 1935, Ch. 145.