If the Commissioner is satisfied after review of the application described in sections 2534.22, 2534.23, and 2534.24 of this article that the insurer meets the statutory requirements of California Insurance Code Section 10506 and that its proposed operations will not be hazardous to the public or its policyholders in this state, the Commissioner shall issue a certificate pursuant to Section 2634.22 of this article.
Cal. Code Regs. Tit. 10, § 2534.25
Note: Authority cited: Sections 10506(h) and 10506.3(a), Insurance Code. Reference: Sections 10506(h), 10506.3(a), and 10506, Insurance Code.