Cal. Ins. Code § 12696.15
12696.15
Effective Jul 30, 1991Added by Stats. 1991, Ch. 278, Sec. 11.1. Effective July 30, 1991. Inoperative July 1, 2014, as prescribed in Section 12699.15. Repealed as of January 1, 2016, pursuant to Section 12699.15.
The board shall administer the program in a manner that ensures that program expenditures do not exceed amounts available in the fund.