CHAPTER 3. Operation of the Fund [3291. - 3297.]

Chapter 3 added by Stats. 2019, Ch. 79, Sec. 16.

§§ 3291–3297 · 7 sections

• § 3291 (a) The fund shall be established as a revolving liquidity fund that will pay eligible claims as provided in subdivision (c) and obtain reimbursement from…
• § 3292 (a) If, no later than July 27, 2019, each large electrical corporation not subject to an insolvency proceeding on July 12, 2019, notifies the commission of its…
• § 3293 A participating electrical corporation shall maintain reasonable insurance coverage. The administrator shall periodically review and make a recommendation as…
• § 3294 Costs and expenses of administration of the fund shall be paid from Wildfire Fund assets.
• § 3295 (a) Except as provided in subdivision (b), within six months after the commission adopts a decision in an application filed pursuant to Section 1701.8, a…
• § 3296 In addition to any rights and remedies of the administrator provided by law, the administrator is authorized at any time and from time to time, without notice…
• § 3297 Fund earnings are tax exempt and fund contributions by electrical corporations are tax deductible for state tax purposes.