California Insurance Code

§ 10509.943

INS § 10509.943 Effective Jan 1, 2020Div. 2 · Part 2 · Ch. 5 · Art. 12

Statute text

(a)This article applies to an in-force policy, annuity contract, or retained asset account, a policy or annuity contract effective on or after July 1, 2020, and a policy that has lapsed on or after January 1, 2019, if the insurer has not engaged in asymmetric conduct.

(b)This article applies to a policy, annuity contract, or retained asset account described in subdivision (a) if one of the following applies:

(1)The insurer is domiciled in this state.

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Legislative history

Added by Stats. 2019, Ch. 286, Sec. 1. (SB 740) Effective January 1, 2020.