Cal. Code Regs. tit. 10 § 30.403

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 30.403 - Losses Chargeable to Regular Reserve

Written consent of the Commissioner shall be obtained before any operating losses may be charged to the regular reserve under Section 14701 of the Financial Code.

Cal. Code Regs. Tit. 10, § 30.403

1. Change without regulatory effect renumbering former section 938 to new section 30.403 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Amendment of section heading, section and NOTE filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9).

Note: Authority cited: Section 14201, Financial Code. Reference: Section 14701, Financial Code.

1. Change without regulatory effect renumbering former section 938 to new section 30.403 filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
2. Amendment of section heading, section and Note filed 2-27-2003; operative 3-29-2003 (Register 2003, No. 9).