CHAPTER 6.1. Surplus Line Advisory Organization
Chapter 6.1 added by Stats. 1993, Ch. 1007, Sec. 1.
§§ 1780.50–1780.67 · 18 sections
- § 1780.50 (a) The Legislature finds and declares that consumers in the State of California have insurance needs which cannot always be met through the admitted insurance…
- § 1780.51 (a) As used in this chapter, “surplus line advisory organization” shall mean the organization authorized to perform the duties delegated by the commissioner…
- § 1780.52 (a) The surplus line advisory organization shall be deemed a joint arrangement established by statute to assure the availability of insurance on a sound basis…
- § 1780.53 The commissioner shall remain fully responsible for supervising the implementation and administration of the surplus line law and for all regulatory decisions…
- § 1780.54 To be authorized to perform the duties delegated by the commissioner under this chapter and to exercise the authority incidental thereto, an organization must…
- § 1780.55 (a) Within 120 days after the filing of the documents required by subdivision (b) of Section 1780.54, the commissioner shall notify the organization in writing…
- § 1780.56 (a) The commissioner may delegate one or more of the following duties to a qualified surplus line advisory organization under this chapter: (1) To receive,…
- § 1780.57 If the commissioner delegates to the surplus line advisory organization one or more of the duties set forth in Section 1780.56, the advisory organization also…
- § 1780.58 (a) The surplus line advisory organization shall be subject to the supervision of the commissioner, including, but not limited to, the powers of the…
- § 1780.59 (a) If, as a result of the commissioner’s examination of the surplus line advisory organization or otherwise, there is good cause to believe that the advisory…
- § 1780.60 (a) If there is good cause to believe that the surplus line advisory organization’s noncompliance with any provision of this chapter is willful, or if within…
- § 1780.61 If, after a hearing pursuant to subdivision (d) of Section 1780.58 or subdivision (a) of Section 1780.60, the commissioner finds: (a) That the advisory…
- § 1780.62 Except as otherwise provided in this chapter, the proceedings required or authorized by subdivision (d) of Section 1780.58 and by Sections 1780.60 and 1780.61…
- § 1780.63 (a) Any finding, determination, rule, ruling, or order made by the commissioner under this chapter shall be subject to review by the courts of this state, and…
- § 1780.64 (a) If the surplus line advisory organization, or any of its officers, committee members, agents, or employees, fails to comply with a final order of the…
- § 1780.65 Any action by the surplus line advisory organization may be reviewed by the commissioner upon petition by any person adversely affected thereby, but only after…
- § 1780.66 (a) There shall be no liability on the part of, and no cause of action of any nature shall arise against, the surplus line advisory organization, or its…
- § 1780.67 (a) No person shall serve on the governing body of the surplus line advisory organization if in the past 10 years that person has been disciplined for…