Statute · California Insurance Code

Cal. Ins. Code § 936.8 — Corporate Governance Disclosure Act

Cal. Ins. Code § 936.8

Type: Statute
Source: California Insurance Code
Jurisdiction: California
Date: 2015-08-17
Current through: Nov 2, 2026 (California Legislative Counsel)

Any insurer or insurer group failing, without just cause, to timely file the CGAD as required in this article shall be subject to the late filing fees set forth in Section 924. The commissioner may reduce the penalty if the insurer or insurer group demonstrates to the commissioner that the…

Citator

Cal. Ins. Code § 936.8 — Corporate Governance Disclosure Act is in force in the current edition of the Code, and nothing recorded condemns it.

Any insurer or insurer group failing, without just cause, to timely file the CGAD as required in this article shall be subject to the late filing fees set forth in Section 924. The commissioner may reduce the penalty if the insurer or insurer group demonstrates to the commissioner that the imposition of the penalty would constitute a financial hardship to the insurer or insurer group.