{"code":"HSC","codeName":"Health and Safety Code","section":"51685","citation":"Health & Saf. Code, § 51685","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 4. BOND AND LOAN INSURANCE [51600. - 51687.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-4"},{"name":"CHAPTER 6. Loan Loss Guarantee Program [51680. - 51687.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-4/chapter-6"}],"history":"Added by Stats. 1993, Ch. 115, Sec. 4.   Effective July 15, 1993.   Conditionally inoperative as provided in Section 51687.","effective":"1993-07-15","html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/loan-loss-guarantee-program-51685","source":"California Legislative Information bulk export (pubinfo)"}