Prior to admission each insurer shall file with the commissioner a certified copy of its last annual statement or a verified financial statement exhibiting its condition and affairs.
Cal. Ins. Code § 706
Certificate of Authority
Applied in 1 court decision — leading case Wilson v. All Service Ins. Corp. (1979)
Most recently applied in Wilson v. All Service Ins. Corp. (April 1979)
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.