Cal. Code Regs. tit. 10 § 2612.03

Current through Register 2024 Notice Reg. No. 24, June 14, 2024

Section 2612.03 - Application to be Made by Exchange

In the case of borrowing by a reciprocal or inter-insurance exchange, an application for authorization to issued and sell contribution certificates shall be made by the exchange itself, rather than by the attorney in fact. Application for the Commissioner's approval to pay outstanding contribution certificates shall likewise be made by the exchange.

Cal. Code Regs. Tit. 10, § 2612.03