Cal. INS § 1055
This is the official text of Cal. INS § 1055, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
The commissioner shall exercise the powers and discharge the duties, concerning any insurer so mutualized, that are applicable to domestic insurers issuing policies of the same class. He shall issue a certificate of authority to transact the proper classes of insurance in this State to any insurer so mutualized which is solvent under Article 13, Chapter 1, Part 2, Division 1 of this code and which has fully complied with the laws of this State.
Status: in_force · Read it on the official government site
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