California Statutes

§ 742.27. — 742.27. (Added by Stats. 1994, Ch. 1082, Sec. 1.)

California § 742.27.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 1.CHAPTER 1. General Regulations
Art. 4.7.ARTICLE 4.7. Multiple Employer Welfare Arrangements

This text of California § 742.27. (742.27. (Added by Stats. 1994, Ch. 1082, 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 § 742.27. (2026).

Text

The department shall have the authority to revoke a certificate of compliance to any self-funded or partially self-funded multiple employer welfare arrangement if the department determines any of the following:

(a)The multiple employer welfare arrangement has failed, after written request by the commissioner, to remove or discharge any officer, director, trustee, or other employee who has been convicted of any crime involving fraud, dishonesty, or moral turpitude.
(b)The multiple employer welfare arrangement has unreasonably failed or refused to furnish any report or statement or has unreasonably refused the department access to its books or records as required by this article.
(c)The multiple employer welfare arrangement has failed for an unreasonable period to pay any judgment rendere

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Legislative History

Added by Stats. 1994, Ch. 1082, Sec. 1. Effective January 1, 1995.

Nearby Sections

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