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Cal. Ins. Code § 1560.16

Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers

Added by Stats. 1998, Ch. 421, Sec. 2

The commissioner shall have the authority from time to time, to make, amend, and rescind any rules and regulations necessary to carry out the provisions of this article. The commissioner shall also have the authority to charge and collect from the insurer for the actual amount of expenses reasonably incurred by the state in discharge of the commissioner’s duties hereunder.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.