Ins. Code, § 12165 · Chapter 2. Certificate of Authority
Ins. Code, § 12165
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Subject to the annual fee provisions herein, every certificate of authority issued or held under this part shall be for an indefinite term and, unless sooner revoked by the commissioner, shall terminate upon occurrence of any of the following:
(a) Upon the holder’s ceasing to exist as a separate entity.
(b) Upon the winding up, or dissolution, or expiration, or forfeiture of the holder’s corporate existence.
(c) Upon completion of the withdrawal procedure prescribed by Article 15 (commencing with Section 1070) of Chapter 1 of Part 2 of Division 1 of this code and surrender by the holder of its certificate of authority and cancellation of the same by the commissioner. All provisions of such article not inconsistent with this part shall apply.
(d) Upon the entry of a final court order in a proceeding under said Article 14 (commencing with Section 1010), Chapter 1 of Part 2 of Division 1 of this code.
Notes and commentary — not statutory text
History
Added by Stats. 1969, Ch. 858.
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=12165.
- Text hash
- sha256 c91589d1dedf8ab1876c95829dff427a9dbfde54709d5e22b5ca690d11939b25
- 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, div. 1, pt. 2, ch. 1, art. 14Proceedings in Cases of Insolvency and DelinquencyPrinted as Article 14 (commencing with Section 1010) … of this code
- Ins. Code, div. 1, pt. 2, ch. 1, art. 15Withdrawal of InsurersPrinted as Article 15 (commencing with Section 1070) of Chapter 1 of Part 2 of Division 1 of this code
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.