California Insurance Code 11094 – If the court orders the society enjoined, the commissioner shall …
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If the court orders the society enjoined, the commissioner shall suspend its certificate of authority. Thereafter such society shall have no authority to do business in this State until:
(a) The commissioner finds that the overt act or violation complained of has been corrected;
Terms Used In California Insurance Code 11094
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
- Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
(b) The costs of such action, if any, have been paid by the society;
(c) The court has dissolved its injunction; and
(d) The commissioner has reinstated the certificate of authority.
(Repealed and added by Stats. 1951, Ch. 1193.)
