The application of a foreign insurer, including a Canadian insurer, shall include all of the matters required of a domestic insurer, except those specified in Paragraph (a) of Section 2526.1 hereof. The Commissioner shall give due regard to the regulatory activities of the applicant's domiciliary state in passing upon the qualifications of such foreign insurer to do a variable contract business in California. If the Commissioner requires, a foreign insurer shall furnish a copy of the statutes and regulations of its domiciliary state under which it is authorized to transact a variable contract business and which regulate such transaction.
Cal. Code Regs. Tit. 10, § 2526.2