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Cal. Insurance Code § 10930.5

Cal. Insurance Code § 10930.5

California · California Insurance Code · Status: effective · Effective 2013-01-01

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Cal. Insurance Code § 10930.5, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880583
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The provisions of Section 699.5 shall apply to any insurer admitted as a CO-OP insurer; however, any loans received by the CO-OP in the form of a solvency or start-up loan shall not be construed as any form of subsidy, ownership, or financial control of the CO-OP insurer within the meaning of Section 699.5.