California Insurance Code

§ 11751.25

INS § 11751.25 Effective Jan 1, 2018Div. 2 · Part 3 · Ch. 3 · Art. 3

Statute text

Notwithstanding Section 11751, each rating organization possessing a license of indefinite term pursuant to this article shall owe and pay to the commissioner an annual fee of one hundred fifty dollars ($150), in advance, on account of that license until its final termination. That fee shall be for annual periods commencing on July 1 of each year and ending on June 30 of each year and shall be due and payable on each March 1 and shall be delinquent on and after each April 1.

Legislative history

Amended by Stats. 2017, Ch. 534, Sec. 72. (AB 1699) Effective January 1, 2018.