Statute · California Insurance Code
Cal. Ins. Code § 995.5 — Obligations of Automobile Insurers and Their Agents Under Contingent and Retrospective Compensation Arrangements
Cal. Ins. Code § 995.5
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An insurer, notwithstanding the provisions of any contingent or retrospective compensation arrangement with any person, shall report and pay the premium tax liability set forth in the Revenue and Taxation Code on the basis that it has received the full premium charge including policy fees made…
Citator
Cal. Ins. Code § 995.5 — Obligations of Automobile Insurers and Their Agents Under Contingent and Retrospective Compensation Arrangements is in force in the current edition of the Code, and nothing recorded condemns it.
An insurer, notwithstanding the provisions of any contingent or retrospective compensation arrangement with any person, shall report and pay the premium tax liability set forth in the Revenue and Taxation Code on the basis that it has received the full premium charge including policy fees made to the insureds under policies less return premiums as permitted by law.