BlackletterCalifornia law

Insurance Code § 11775

ARTICLE 1. Organization and Powers

Current as of September 28, 2026Ins. Code, § 11775Official source ↗

Enacted by Stats. 1935, Ch. 145.

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.