Insurance Code section 11775

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.

Source: Section 11775, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11775. (updated Jan. 1, 1935; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 11775’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_11775

Original Source: Section 11775, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11775. (last accessed May 12, 2025).