§ 2697.5. Investments.

(a) The investments of the Authority shall be limited to those securities eligible under Section 16430 of the Government Code.

(b) The California Earthquake Authority shall invest moneys that are deposited in the California Earthquake Authority Fund according to the investment policies and guidelines adopted from time to time by the Board. Moneys of the Authority may be invested and deposited according to the provisions of Insurance Code Section 10089.22(c).

HISTORY

1. New section filed 11-18-96 as an emergency; operative 11-18-96 (Register 96, No. 47). A Certificate of Compliance must be transmitted to OAL by 3-18-97 or emergency language will be repealed by operation of law on the following day.

2. Repealed by operation of Government Code section 11346.1(g) (Register 97, No. 14).

3. New section filed 4-1-97 as an emergency; operative 4-1-97 (Register 97, No. 14). A Certificate of Compliance must be transmitted to OAL by 7-30-97 or emergency language will be repealed by operation of law on the following day.

4. Repealed by operation of Government Code section 11346.1(g) (Register 97, No. 32).

5. New section filed 8-4-97 as an emergency; operative 8-4-97 (Register 97, No. 32). A Certificate of Compliance must be transmitted to OAL by 12-2-97 or emergency language will be repealed by operation of law on the following day.

6. Certificate of Compliance as to 8-4-97 order transmitted to OAL 11-26-97 and filed 1-13-98 (Register 98, No. 3).

Note

Note: Authority cited: Sections 10089.6 and 10089.22(c), Insurance Code; and Section 16430, Government Code. Reference: Sections 10089.7, 10089.11 and 12921, Insurance Code.