California Statutes

§ 11629.7. — 11629.7. (Amended by Stats. 2014, Ch. 487, Sec. 1.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 3. PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE·Ch. 1. CHAPTER 1. General Regulations·Art. 5.5. ARTICLE 5.5. California Low-Cost Automobile Insurance Program
(a)There is established, within the California Automobile Assigned Risk Plan established under Section 11620, a low-cost automobile insurance program for all counties in California.
(b)The commissioner, after a public hearing, shall approve or issue a reasonable plan for the equitable apportionment, among insurers required to participate in the California Automobile Assigned Risk Plan established under Section 11620, of persons who are eligible to purchase through the program a low-cost automobile insurance policy, as described in Section 11629.71. The program shall be conducted in conjunction with the California Automobile Assigned Risk Plan established under Section 11620.

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California § 11629.7. (11629.7. (Amended by Stats. 2014, Ch. 487, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2014, Ch. 487, Sec. 1. (SB 1273) Effective January 1, 2015.

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