Ins. Code, § 11698.01 · Article 1. Deposits by Workers’ Compensation Insurers
Ins. Code, § 11698.01
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
When the commissioner is authorized to proceed under Section 11698 he or she may do either of the following:
(a) Subject to Sections 11698.2, 11698.21, and 11698.22, enter into reinsurance and assumption agreements with one or more admitted solvent workers’ compensation insurers by the terms of which liability for all those obligations is reinsured and assumed by such insurer.
(b) Use the deposit required pursuant to Section 11691 to pay or procure payment of the insurer’s compensable workers’ compensation claims and those expenses authorized in Section 11698.02.
Notes and commentary — not statutory text
History
Added by Stats. 2002, Ch. 899, Sec. 2. Effective January 1, 2003.
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=11698.01.
- Text hash
- sha256 c6aa2e561840a4bd3eea455db0f2a1eed19c11e0639b2bdefad016cd1cc94425
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Ins. Code, § 11691Printed as Section 11691
- Ins. Code, § 11698Printed as Section 11698
- Ins. Code, § 11698.02Printed as Section 11698.02
- Ins. Code, § 11698.2Printed as Sections 11698.2, 11698.21, and 11698.22
- Ins. Code, § 11698.21Printed as Sections 11698.2, 11698.21, and 11698.22
- Ins. Code, § 11698.22Printed as Sections 11698.2, 11698.21, and 11698.22
Cited by 2 provisions
Provisions in this library whose text cites Ins. Code, § 11698.01. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.