It is the intent of the Legislature to establish the Pooled Self-Insurance Fund in order to ensure that each of the departmentâs insurance reserve funds are self-sufficient and adequately maintained for the benefit of the contract purchasers. For reasons of prudent financial management, the department will pool the reserves for the purpose of providing reliable, consistent, and affordable home protection, and to encourage the strengthening of bond ratings, thereby increasing the efficacy of the Veteransâ Farm and Home Purchase Act of 1974.
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