§ 12072. — 12072. (Amended by Stats. 2008, Ch. 351, Sec. 7.)

California § 12072.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 2.: DIVISION 2. CLASSES OF INSURANCE
• Part 4.: PART 4. MISCELLANEOUS CASUALTY INSURANCES
• Ch. 1.: CHAPTER 1. Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances
• Art. 2.: ARTICLE 2. Administrative Control

Text

(a)
Whenever the insurer’s certificate of authority is surrendered, revoked, canceled, annulled, or suspended or whenever any such insurer, after such abrogation of its certificate again is admitted, the commissioner shall promptly update the list of admitted surety insurers on the department’s public Web site to include the name of the insurer and the date of that abrogation of, or of renewal of, the certificate.
(b)
The list of admitted surety insurers maintained on the department’s public Web site may be used by county clerks and others to confirm the license status of surety insurers.

Legislative History

Amended by Stats. 2008, Ch. 351, Sec. 7. Effective January 1, 2009.