§ 1780.57. — 1780.57. (Added by Stats. 1993, Ch. 1007, Sec. 1.)

California § 1780.57.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 1.: DIVISION 1. GENERAL RULES GOVERNING INSURANCE
• Part 2.: PART 2. THE BUSINESS OF INSURANCE
• Ch. 6.1.: CHAPTER 6.1. Surplus Line Advisory Organization

Text

If the commissioner delegates to the surplus line advisory organization one or more of the duties set forth in Section 1780.56, the advisory organization also shall be authorized to exercise the authority, in connection with those duties and incidental thereto:
(a)
To facilitate and encourage compliance by its members with the laws of California and the rules and regulations of the commissioner relating to surplus line insurance.
(b)
To maintain files for all documents received under this chapter and any other files the commissioner reasonably may direct the advisory organization to maintain.
(c)
To provide comments on any proposed legislation or regulation.
(d)
To make contracts necessary or appropriate to effect the purposes of this chapter and to perform the duties delegated by the commissioner under this chapter and to exercise the authority incidental thereto.
(e)
To employ and retain whatever persons are necessary to perform the duties delegated by the commissioner under this chapter and to exercise the authority incidental thereto.
(f)
To perform any other acts necessary or appropriate to monitor the surplus line business and to effect the purposes of this chapter as well as the surplus line law and the regulations pertaining thereto, consistent with the duties delegated by the commissioner under this chapter.

Legislative History

Added by Stats. 1993, Ch. 1007, Sec. 1. Effective January 1, 1994.