Cal. INS § 11701
This is the official text of Cal. INS § 11701, 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 may revoke the certificate of authority to transact workers’ compensation insurance or to reinsure the injury, disablement, or death portions of policies of workers’ compensation under the class of disability insurance in this state of any insurer failing to comply with the requirements of this article. The power vested in the commissioner by this section is additional to any and all other powers and remedies vested in the commissioner by law. Failure to make the deposit required by this article within the required time shall be deemed to constitute a condition of hazard as set forth in Section 1011.
Status: in_force · Read it on the official government site
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