Cal. Insurance Code § 705
Cal. Insurance Code § 705
California · California Insurance Code · Status: effective · Effective 2018-01-01
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- Citation
- Cal. Insurance Code § 705, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877296
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Full text
The commissioner shall require the payment of one hundred thirty-six dollars ($136), in advance, as a fee for filing an application for each amendment of a certificate of authority authorizing any insurer to transact business in this state. Notwithstanding Section 701, each insurer possessing a certificate of authority of indefinite term pursuant to that section shall owe and pay an annual fee of four hundred twenty-four dollars ($424), in advance, on account of that certificate until its final expiration. That fee shall be for annual periods commencing on July 1 of each year and ending on June 30 of each year and is due on each March 1 and is delinquent on and after each April 1.