California Insurance Code 4033 – The commissioner may, after a hearing held thereon, withdraw his …
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The commissioner may, after a hearing held thereon, withdraw his approval of any such contract theretofore approved by him, if he finds that the bases of his original approval no longer exist, or that the contract has, in actual operation, shown itself to be subject to disapproval on any of the grounds referred to in Section 4032 above.
(Added by Stats. 1963, Ch. 1772.)
Terms Used In California Insurance Code 4033
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
- Contract: A legal written agreement that becomes binding when signed.