The board of directors may, with the approval of the State Treasurer, authorize the establishment of an account or fund in the State Treasury in the name of the State Compensation Insurance Fund, but such moneys deposited with the State Treasurer are not state moneys within the intent of Section 16305.2 of the Government Code.
Cal. Ins. Code § 11800.1
Organization and Powers
Applied in 1 court decision — leading case Hanfling v. State Compensation Insurance Fund (In re ATG, Inc.) (2004)
Most recently applied in Hanfling v. State Compensation Insurance Fund (In re ATG, Inc.) (June 2004)
Added by Stats. 1979, Ch. 738.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.