Cal. Ins. Code § 12120

Current through the 2024 Legislative Session.

Section 12120 - Rates not to be excessive, inadequate or discriminatory

An admitted financial guaranty insurance corporation with respect to financial guaranty insurance rates, shall not be subject to Sections 1861.01 and 1861.05, except that financial guaranty insurance rates shall not be excessive, inadequate, or unfairly discriminatory or otherwise in violation of Chapter 9 (commencing with Section 1850) of Part 2 of Division 1.

Ca. Ins. Code § 12120

Added by Stats. 1990, Ch. 1032, Sec. 6.