Statute · California Insurance Code
Cal. Ins. Code § 12960 — Procuring Information on Policies
Cal. Ins. Code § 12960
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2023-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commissioner shall, by February 1, 2023, distribute a bulletin soliciting rate applications from insurers to account for the change to the financial responsibility law in Division 7 (commencing with Section 16000) of the Vehicle Code that will go into operation on January 1, 2025, and…
Citator
Cal. Ins. Code § 12960 — Procuring Information on Policies is in force in the current edition of the Code, and nothing recorded condemns it.
The commissioner shall, by February 1, 2023, distribute a bulletin soliciting rate applications from insurers to account for the change to the financial responsibility law in Division 7 (commencing with Section 16000) of the Vehicle Code that will go into operation on January 1, 2025, and require the applications to be submitted by July 1, 2023. A rate change shall only go into effect on or after January 1, 2025, the operative date of the change in the financial responsibility law.