Insurance Code section 10930.7

A CO-OP insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the class of disability and health insurance. The conservation and liquidation provisions of Article 14 (commencing with Section 1010) of Chapter 1 of Part 2 of Division 1 shall apply to CO-OP insurers.

Source: Section 10930.7, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=10930.­7.­ (updated Jan. 1, 2013; accessed Jul. 7, 2025).

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Jul. 7, 2025

§ 10930.7's source at ca​.gov