Statute · California Insurance Code

Cal. Ins. Code § 717.1 — Certificate of Authority

Cal. Ins. Code § 717.1

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

Where the applicant is a wholly owned domestic subsidiary of an admitted domestic insurer the commissioner shall issue a certificate of authority to such applicant within 180 days of application unless the commissioner shall have made a finding that the applicant is substantially deficient in…

Citator

Cal. Ins. Code § 717.1 — Certificate of Authority is in force in the current edition of the Code, and nothing recorded condemns it.

Where the applicant is a wholly owned domestic subsidiary of an admitted domestic insurer the commissioner shall issue a certificate of authority to such applicant within 180 days of application unless the commissioner shall have made a finding that the applicant is substantially deficient in respect to one or more of the items set forth in Section 717.