If the National Guard is deployed to San Francisco after Issuance and before Jan 1, 2027, then the market resolves to Yes. Deployment means National Guard members arrive in San Francisco on official deployment orders, under State Active Duty (SAD), Title 32, or Title 10 activation, for operational missions (not routine training), with actual presence in San Francisco, not merely assigned or in transit. The following constitutes deployment and resolves **YES**: - Governor activates Guard with deployment to San Francisco - Guard units arrive in San Francisco on emergency orders - Federal activation placing Guard in San Francisco - Inter-state Emergency Management Assistance Compact (EMAC) deployment to San Francisco - Pre-positioned Guard units activated for operations in San Francisco - Any number of Guard members (even one) officially deployed The following does NOT constitute deployment and resolves **NO**: - Deployment announcements without actual arrival - Guard placed on standby/alert status only - Units staged outside San Francisco without entering - Training exercises or routine drills - Guard members traveling through San Francisco to another destination - Planning/assessment teams without follow-on deployment - Off-duty Guard members acting as civilians - Guard at permanent facilities (armories) not on deployment orders - Recruitment or community relations activities - Canceled deployments that never materialize Special provisions: - At least one Guard member must physically arrive in San Francisco. - Deployment must be for operational purposes, not training. - If deployment is announced then canceled before arrival, resolves NO. - Presence for transit only doesn't count. - Re-deployment of already-present units to new locations within San Francisco counts only if they were not previously on deployment orders. - Both Army National Guard and Air National Guard deployments count. - Federal military (non-Guard) deployments do not count. This market will close and expire early if the event occurs.