Gavin Newsom is term-limited. See https://en.wikipedia.org/wiki/2026_California_gubernatorial_election Resolves when the race is projected by a major news outlet or Dave Wasserman. Re-resolves in the rare event that an initial projection does not match official election results. General policy for my markets: In the rare event of a conflict between my resolution criteria and the agreed-upon common-sense spirit of the market, I may resolve it according to the market's spirit or N/A, probably after discussion.