Insurance Code section 10930.5

The provisions of Section 699.5 shall apply to any insurer admitted as a CO-OP insurer; however, any loans received by the CO-OP in the form of a solvency or start-up loan shall not be construed as any form of subsidy, ownership, or financial control of the CO-OP insurer within the meaning of Section 699.5.

Source: Section 10930.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10930.5. (accessed May 4, 2025).

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Last Updated

Apr. 24, 2025

§ 10930.5’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_10930.5

Original Source: Section 10930.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10930.5. (last accessed Apr. 24, 2025).