Section 10721 Of Article 3. Voluntary Reinsurance Mechanism From California Insurance Code >> Division 2. >> Part 2. >> Chapter 8. >> Article 3.
10721
. The fund shall provide for the financing of its reinsurance
and operating costs, including actuarially sound reserves for unpaid
losses, by charging members a reinsurance contribution and, as
necessary, making assessments and collections from members in
proportion to their participation in the program. Neither the state
or any officer, agent, or employee shall be liable for any costs of
the fund, or for any debts or liabilities incurred by the fund.