California Insurance Code

§ 12120

INS § 12120Div. 2 · Part 4 · Ch. 1 · Art. 5

Statute text

An admitted financial guaranty insurance corporation with respect to financial guaranty insurance rates, shall not be subject to Sections 1861.01 and 1861.05, except that financial guaranty insurance rates shall not be excessive, inadequate, or unfairly discriminatory or otherwise in violation of Chapter 9 (commencing with Section 1850) of Part 2 of Division 1.

Legislative history

Added by Stats. 1990, Ch. 1032, Sec. 6.