Contracts between the purchasing alliance and participating carriers shall specify how all premiums will be transmitted, and penalties and grace periods for payments.
Cal. Ins. Code § 10860
Contracts with Employers, Small Employers, and Participating Carriers
Known as the Private Health Care Voluntary Purchasing Alliance Act
The act spans §§ 10800–10887 (36 sections).
Added by Stats. 1996, Ch. 916, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.