Cal. Insurance Code § 1070.5
Cal. Insurance Code § 1070.5
California · California Insurance Code · Status: effective
Cite this
- Citation
- Cal. Insurance Code § 1070.5, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877941
- Permanent ID
ys:prov:877941@1- SHA-256
c0dc4df19f4f2823807b7bbd6a2022e9e9a3e2b7eb7db42aae8e255b55a3d7b7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Whenever an admitted insurer fails to take any step necessary to maintain continuance of its certificate of authority, or whenever the certificate of authority admitting an insurer is canceled or revoked, or whenever an admitted insurer as an entity ceases doing an insurance business in this state for any reason, such insurer shall apply to withdraw as an insurer and shall withdraw as such insurer from this state pursuant to this article. Every certificate of authority hereafter granted is so granted subject to this withdrawal requirement. Acceptance of every such certificate of authority is an agreement by the accepting insurer that it will conform to the provisions of this article.