DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan 11420-11490›ARTICLE 4. Powers of Insurer After Transformation 11470-11472
§ 11472
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
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.
(Amended by Stats. 1982, Ch. 454, Sec. 117.)
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