Statute · California Insurance Code
Cal. Ins. Code § 10930.5 — Consumer Operated and Oriented Plans
Cal. Ins. Code § 10930.5
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2013-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The provisions of Section 699.5 shall apply to any insurer admitted as a CO-OP insurer; however, any loans received by the CO-OP in the form of a solvency or start-up loan shall not be construed as any form of subsidy, ownership, or financial control of the CO-OP insurer within the meaning of…
Citator
Cal. Ins. Code § 10930.5 — Consumer Operated and Oriented Plans is in force in the current edition of the Code, and nothing recorded condemns it.
The provisions of Section 699.5 shall apply to any insurer admitted as a CO-OP insurer; however, any loans received by the CO-OP in the form of a solvency or start-up loan shall not be construed as any form of subsidy, ownership, or financial control of the CO-OP insurer within the meaning of Section 699.5.