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2018 California Code
Health and Safety Code - HSC
DIVISION 2 - LICENSING PROVISIONS
CHAPTER 2.2 - Health Care Service Plans
ARTICLE 1 - General
Section 1341.4.
Universal Citation: CA Health & Safety Code § 1341.4 (2018)
1341.4.
(a) In order to effectively support the Department of Managed Health Care in the administration of this law, there is hereby established in the State Treasury, the Managed Care Fund. The administration of the Department of Managed Health Care shall be supported from the Managed Care Fund.
(b) In any fiscal year, the Managed Care Fund shall maintain not more than a prudent 5 percent reserve unless otherwise determined by the Department of Finance.
(Amended by Stats. 2007, Ch. 577, Sec. 6. Effective October 13, 2007.)
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