Cal. Ins. Code § 10497

Current through the 2023 Legislative Session.
Section 10497 - Registration of applicant and issuance of certificate of exemption

If the commissioner finds that an applicant for a certificate of exemption meets the applicable requirements of this article and those requirements of this code, made applicable to such an applicant by this article, and that the applicant is not formed, conducted or operated for profit or as a commercial insurance enterprise for the benefit of any group or person rather than the relatively equal benefit of its members, he shall register the applicant and issue to it a certificate of exemption.

Ca. Ins. Code § 10497

Amended by Stats. 1943, Ch. 957.