Whenever any foreign insurer applies for admission the commissioner may make, or cause to be made by the insurance authority of the State where the insurer is organized, an examination of its insurance business and affairs.
Cal. Ins. Code § 731
Examination by Commissioner
Applied in 1 court decision — leading case 46 Cal. 2d 330 - State Compensation Insurance Fund v. McConnell (1956)
Most recently applied in 46 Cal. 2d 330 - State Compensation Insurance Fund v. McConnell (March 1956)
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.