Any insurer, upon payment of the fees and costs therefor and surrender to the commissioner of its certificate of authority, may apply to withdraw from this State. Such application shall be in writing, duly executed, accompanied by evidence of due authority for such execution, and properly acknowledged.
Cal. Ins. Code § 1070
Withdrawal of Insurers
Applied in 1 court decision — leading case Dairyland Insurance v. Gillespie (1990)
Most recently applied in Dairyland Insurance v. Gillespie (September 1990)
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.