Ins. Code, § 742.25 · Article 4.7. Multiple Employer Welfare Arrangements
Ins. Code, § 742.25
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
(a) The history of the multiple employer welfare arrangement.
(b) The competency, character, integrity, responsibility, and general fitness of the management and administration.
(c) Financial stability.
(d) Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.
(e) Fairness and honesty of methods of doing business.
(f) Hazard to covered employees or creditors.
Notes and commentary — not statutory text
History
Added by Stats. 1994, Ch. 1082, Sec. 1. Effective January 1, 1995.
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=742.25.
- Text hash
- sha256 7cf3a381486c83deea3612f1a611cb7b7815ea5da9f4bb5d69b26aae5d21eb00
- 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
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.