Cal. Insurance Code § 1090

California · California Insurance Code · Status: effective

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Citation: Cal. Insurance Code § 1090, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877963
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An insurer which is insolvent, retiring from business in this state other than by merger or consolidation into an admitted insurer with the commissioner’s prior written consent, or the required paid-in capital of which is impaired, shall not reinsure its business until its plan to effect such reinsurance is first submitted to the commissioner and approved by him.