(a) The commission shall guarantee any student loan made pursuant to this article in the amount specified in federal statutes and regulations.
(b) The commission shall establish the ratio of reserve funds to loans outstanding.
Cal. Educ. Code § 69765
Federal Family Education Loan Program
Amended by Stats. 1994, Ch. 485, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.