Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA INSURANCE CODEDivision 2 - CLASSES OF INSURANCEPart 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCEChapter 3 - REGULATION OF BUSINESS OF WORKERS' COMPENSATION INSURANCE
Article 1 - BOND TO PROTECT BENEFICIARIES
Section 11698.22 - Agreement impairing solvency of insurer or rendering transaction of business hazardous

Cal. Ins. Code § 11698.22

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Current through the 2024 Legislative Session.
Section 11698.22 - Agreement impairing solvency of insurer or rendering transaction of business hazardous

The commissioner shall not enter into an agreement with an insurer if its reinsurance and assumption of liability will impair its solvency or render its further transaction of business hazardous under subdivision (d) of Section 1011.

Ca. Ins. Code § 11698.22

Added by Stats 2002 ch 899 (SB 2093), s 2, eff. 1/1/2003.