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California Insurance Code

§ 1107

INS § 1107Div. 1 · Part 2 · Ch. 1 · Art. 17

Statute text

View on leginfo.ca.gov
In accordance with either subdivision (e) of Section 1001 or Section 1101.1 of the Corporations Code, an insurer may apply for the insurance commissioner’s approval of the terms and conditions of the covered transactions and the fairness of such terms and conditions to deliver consideration other than securities which shall be in such form, contain such information and be accompanied by such documents as the commissioner deems appropriate or requires.

Legislative history

Added by Stats. 1978, Ch. 795.

Source: California Insurance Code § 1107 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.