California Insurance Code 1091 – The retiring insurer shall pay to the commissioner a fee of one …
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The retiring insurer shall pay to the commissioner a fee of one thousand seven hundred ninety-four dollars ($1,794) for filing the documents initiating approval proceedings under this article. If the plan be approved and consummated the retiring insurer shall apply for withdrawal under Article 15 of this chapter and that fee shall also cover the services and expenses of the commissioner in connection with the withdrawal.
(Amended by Stats. 2017, Ch. 534, Sec. 20. (AB 1699) Effective January 1, 2018.)
Terms Used In California Insurance Code 1091
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20