California Statutes

§ 10089.4. — 10089.4. (Added by Stats. 1996, Ch. 54, Sec. 1.)

California § 10089.4.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 1.PART 1. FIRE AND MARINE INSURANCE
Ch. 8.5.CHAPTER 8.5. Earthquake Insurance

This text of California § 10089.4. (10089.4. (Added by Stats. 1996, Ch. 54, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 10089.4. (2026).

Text

(a)No person may use a geographically based earthquake assessment system or program for the purpose of requiring earthquake insurance, or imposing a fee or any other condition in lieu of requiring earthquake insurance, in connection with a loan secured by a condominium project or an individual unit of a condominium project unless the system’s or program’s analytical assumptions and methodology used in the assessment have been submitted to and approved by the commissioner. In determining whether to approve a submission, the commissioner shall consult with and consider the input of the State Geologist.
(b)The department may charge a fee to defray the actual cost of reviewing earthquake risk assessment methods. Any costs incurred by the State Geologist or Department of Conservation as r

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Legislative History

Added by Stats. 1996, Ch. 54, Sec. 1. Effective June 6, 1996.

Nearby Sections

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