{"code":"INS","codeName":"Insurance Code","section":"10930.7","citation":"Ins. Code, § 10930.7","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2"},{"name":"CHAPTER 9.6. Consumer Operated and Oriented Plans [10930. - 10930.9.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-9.6"}],"history":"Added by Stats. 2012, Ch. 859, Sec. 3.   (AB 1846)   Effective January 1, 2013.","effective":"2013-01-01","html":"<p>A CO-OP insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the class of disability and health insurance. The conservation and liquidation provisions of Article 14 (commencing with Section <a href=\"/ins/1010\">1010</a>) of Chapter 1 of Part 2 of Division 1 shall apply to CO-OP insurers.</p>","text":"A CO-OP insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the class of disability and health insurance. The conservation and liquidation provisions of Article 14 (commencing with Section 1010) of Chapter 1 of Part 2 of Division 1 shall apply to CO-OP insurers.","otherVersions":[],"url":"https://blackletter.si/insurance-code/consumer-operated-and-oriented-plans-10930-7","source":"California Legislative Information bulk export (pubinfo)"}