Ins. Code, § 10930.5 · Chapter 9.6. Consumer Operated and Oriented Plans
Ins. Code, § 10930.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The provisions of Section 699.5 shall apply to any insurer admitted as a CO-OP insurer; however, any loans received by the CO-OP in the form of a solvency or start-up loan shall not be construed as any form of subsidy, ownership, or financial control of the CO-OP insurer within the meaning of Section 699.5.
Notes and commentary — not statutory text
History
Added by Stats. 2012, Ch. 859, Sec. 3. (AB 1846) Effective January 1, 2013.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10930.5.
- Text hash
- sha256 08d4eea54389e12b23ab7703f77770d3e2c4e4e3d1eceb0ea60e994227ed4558
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Insurance Code
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