- Stage
- Became law
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Sep 7, 2012
What it does
(1) Existing law prohibits the transaction of any class of insurance in this state without first being admitted for that class of insurance, and admission is secured by procuring a certificate of authority from the Insurance Commissioner. Before granting a certificate of authority to any applicant, the commissioner is required to consider the qualifications of the applicant, including, but not limited to, capital and surplus and lawfulness and quality of investments.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Lowenthal
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.