Cal. Health and Safety Code § 123205
Cal. Health and Safety Code § 123205
California · California Health and Safety Code · Status: effective · Effective 1996-01-01
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- Citation
- Cal. Health and Safety Code § 123205, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/875526
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Full text
The director shall enter into contracts pursuant to subdivision (a) of Section 123185 only with insurers that meet all of the following criteria, as determined by the director:
(a) The insurer shall be actuarially sound.
(b) The insurer shall be fully self-supported by its policy premiums or charges and investments.
(c) The insurer shall use advertising that is accurate.