Statute · California Insurance Code

Cal. Ins. Code § 11527 — Authority and Requirements to Mutualize

Cal. Ins. Code § 11527

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

The commissioner shall examine the plan submitted under subdivision (c) of Section 11526. The commissioner shall not approve the plan unless in the commissioner’s opinion the rights and interests of the insurer, its policyholders, and shareholders are protected and the commissioner is satisfied…

Citator

Cal. Ins. Code § 11527 — Authority and Requirements to Mutualize is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner shall examine the plan submitted under subdivision (c) of Section 11526. The commissioner shall not approve the plan unless in the commissioner’s opinion the rights and interests of the insurer, its policyholders, and shareholders are protected and the commissioner is satisfied that the plan will be fair and equitable in its operation.