Insurance Code section 1215.3

The following shall be violations of this article:

(a)

The failure to file the statement required under subdivision (a) of Section 1215.2.

(b)

Effectuation or any attempt to effectuate an acquisition or control of, or merger with, a domestic insurer either within the 60-day period referred to in subdivision (d) of Section 1215.2, unless the commissioner has given his approval thereto, or after disapproval of such acquisition of control or merger.

Source: Section 1215.3, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=1215.­3.­ (accessed May 9, 2025).

Last Updated

Apr. 24, 2025

§ 1215.3’s source at ca​.gov