Insurance Code section 10509.943

(a)

This article applies to an in-force policy, annuity contract, or retained asset account, a policy or annuity contract effective on or after July 1, 2020, and a policy that has lapsed on or after January 1, 2019, if the insurer has not engaged in asymmetric conduct.

(b)

This article applies to a policy, annuity contract, or retained asset account described in subdivision (a) if one of the following applies:

(1)

The insurer is domiciled in this state.

(2)

The policy, annuity contract, or retained asset account was issued or delivered in this state.

Source: Section 10509.943, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=10509.­943.­ (updated Jan. 1, 2020; accessed Jul. 14, 2025).

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Verified:
Jul. 14, 2025

§ 10509.943's source at ca​.gov