Insurance Code § 13903

DIVISION 4. AFFORDABLE HOUSING ENTITIES RISK RETENTION POOL

Current as of September 28, 2026Ins. Code, § 13903Official source ↗

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

All participating affordable housing entities in any insurance pool, established pursuant to this division, are required to agree to pay premiums or make other mandatory financial contributions, as determined by the governing board, provided for by the insurance pool arrangement, that are necessary to ensure a financially sound risk pool.