California § 51628 - The agency shall, after a reasonable time during which it may establish a busines
Full text of California Public Contract Code - PCC § 51628 — The agency shall, after a reasonable time during which it may establish a busines, with citation guidance and answers to common questions.
§ 51628. The agency shall, after a reasonable time during which it may establish a busines
The agency shall, after a reasonable time during which it may establish a business, be competitive with other insurers, and it is the intent of the Legislature that the insurance fund shall ultimately become neither more nor less than self-supporting. However, this section shall not be construed to preclude the insurance fund from operating in a manner that will permit the agency to create additional reserves from operations in order that the agency can maximize its insurance capacity.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51628
What does Public Contract Code - PCC § 51628 cover?
Section 51628 ("The agency shall, after a reasonable time during which it may establish a busines") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 51628?
A common citation format is "Public Contract Code - PCC § 51628" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 51628 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.