Section 1341.4 Of Article 1. General From California Health And Safety Code >> Division 2. >> Chapter 2.2. >> Article 1.
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.