California Statutes
§ 11472. — 11472. (Amended by Stats. 1982, Ch. 454, Sec. 117.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 11. CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan·Art. 4. ARTICLE 4. Powers of Insurer After Transformation
The commissioner shall exercise the powers and discharge the duties, concerning any such insurer, that are applicable to domestic insurers issuing policies of the same class. He or she shall issue a certificate of authority to transact the proper classes of insurance in this state to any such insurer which is solvent as to its reserve basis policies under Article 13 (commencing with Section 980) of Chapter 1 of Part 2 of Division 1, and has fully complied with the laws of this state.
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California § 11472. (11472. (Amended by Stats. 1982, Ch. 454, Sec. 117.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1982, Ch. 454, Sec. 117.