Statute · California Insurance Code

Cal. Ins. Code § 1194.85 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1194.85

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2018-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

In any case in which a domestic insurer has requested the approval of the commissioner to make the investments specified in subdivision (a) or (c) of Section 1194.8, that insurer shall reimburse the department for all actual expenses, not to exceed seven hundred forty-eight dollars ($748),…

Citator

Cal. Ins. Code § 1194.85 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

In any case in which a domestic insurer has requested the approval of the commissioner to make the investments specified in subdivision (a) or (c) of Section 1194.8, that insurer shall reimburse the department for all actual expenses, not to exceed seven hundred forty-eight dollars ($748), incurred by it in making a determination of whether to approve or disapprove that request.