Statute · California Insurance Code

Cal. Ins. Code § 10509.943 — Unclaimed Life Insurance and Annuities Act

Cal. Ins. Code § 10509.943

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2020-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) This article applies to an in-force policy, annuity contract, or retained asset account, a policy or annuity contract effective on or after July 1, 2020, and a policy that has lapsed on or after January 1, 2019, if the insurer has not engaged in asymmetric conduct.

Citator

Cal. Ins. Code § 10509.943 — Unclaimed Life Insurance and Annuities Act is in force in the current edition of the Code, and nothing recorded condemns it.

(a) This article applies to an in-force policy, annuity contract, or retained asset account, a policy or annuity contract effective on or after July 1, 2020, and a policy that has lapsed on or after January 1, 2019, if the insurer has not engaged in asymmetric conduct.

(b) This article applies to a policy, annuity contract, or retained asset account described in subdivision (a) if one of the following applies:

(1) The insurer is domiciled in this state.

(2) The policy, annuity contract, or retained asset account was issued or delivered in this state.