Cal. INS § 5051
This is the official text of Cal. INS § 5051, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
Upon the payment in advance of seven thousand fifty-five dollars ($7,055) to the commissioner for all services to be rendered by him or her in the matter of organization of the insurer, those persons shall file with the commissioner a declaration of their intention to incorporate for the purposes expressed in Section 5050. The declaration shall be signed by all of those persons, and shall contain a copy of the articles of incorporation proposed to be adopted.
Status: in_force · Read it on the official government site
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