California § 10089.50. 10089.50. (Amended by Stats. 1996, Ch. 967, Sec. 19.)

California Statutes

§ 10089.50. — 10089.50. (Amended by Stats. 1996, Ch. 967, Sec. 19.)

California § 10089.50.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 1.PART 1. FIRE AND MARINE INSURANCE

Ch. 8.6.CHAPTER 8.6. California Earthquake Authority

This text of California § 10089.50. (10089.50. (Amended by Stats. 1996, Ch. 967, Sec. 19.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 10089.50. (2026).

Text

The Treasurer may from time to time enter into one or more credit facilities permitting the authority to draw an amount up to one billion dollars ($1,000,000,000) with payment, interest rate, indemnity, compensation, security, default, remedy, and other terms and conditions as determined by the authority.  All drawings under these credit facilities shall be available as funding for the authority as provided in Section 10089.29.

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The Treasurer may from time to time enter into one or more credit facilities permitting the authority to draw an amount up to one billion dollars ($1,000,000,000) with payment, interest rate, indemnity, compensation, security, default, remedy, and other terms and conditions as determined by the authority. All drawings under these credit facilities shall be available as funding for the authority as provided in Section 10089.29.