{"code":"INS","codeName":"Insurance Code","section":"1090","citation":"Ins. Code, § 1090","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1/part-2"},{"name":"CHAPTER 1. General Regulations [680. - 1113.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-1"},{"name":"ARTICLE 16. Approval of Reinsurance Plans [1080. - 1091.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-1/article-16"}],"history":"Amended by Stats. 1969, Ch. 1055.","effective":null,"html":"<p>An insurer which is insolvent, retiring from business in this state other than by merger or consolidation into an admitted insurer with the commissioner’s prior written consent, or the required paid-in capital of which is impaired, shall not reinsure its business until its plan to effect such reinsurance is first submitted to the commissioner and approved by him.</p>","text":"An insurer which is insolvent, retiring from business in this state other than by merger or consolidation into an admitted insurer with the commissioner’s prior written consent, or the required paid-in capital of which is impaired, shall not reinsure its business until its plan to effect such reinsurance is first submitted to the commissioner and approved by him.","otherVersions":[],"url":"https://blackletter.si/insurance-code/approval-of-reinsurance-plans-1090","source":"California Legislative Information bulk export (pubinfo)"}