Insurance Code § 1091

ARTICLE 16. Approval of Reinsurance Plans

Current as of September 28, 2026Ins. Code, § 1091Official source ↗

Amended by Stats. 2017, Ch. 534, Sec. 20. (AB 1699) Effective January 1, 2018.

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.