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California Insurance Code

§ 1033

INS § 1033 Effective Jan 1, 2000Div. 1 · Part 2 · Ch. 1 · Art. 14
(a)Claims allowed in a proceeding under this article shall be given preference in the following order:
(1)Expense of administration.
(2)All claims of the California Insurance Guarantee Association or the California Life and Health Insurance Guarantee Association, and associations or entities performing a similar function in other states, together with claims for refund of unearned premiums and all claims under insurance and annuity policies or contracts, including funding agreements, of an insolvent insurer that are not covered claims. The following claims are excluded from this priority:

Legislative history

Amended by Stats. 1999, Ch. 868, Sec. 1. Effective January 1, 2000.

Source: California Insurance Code § 1033 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.