California Insurance Code

§ 1077.5

INS § 1077.5Div. 1 · Part 2 · Ch. 1 · Art. 15.5

Statute text

During the period of supervision the insurer may contest an action taken or proposed to be taken by the supervisor specifying the manner wherein the action being complained of would not result in improving the condition of the insurer by requesting reconsideration by the commissioner. Denial of the insurer’s request upon reconsideration entitles the insurer to seek judicial review under Section 12940.

Legislative history

Added by Stats. 1991, Ch. 986, Sec. 8.