California Insurance Code

§ 1067.055

INS § 1067.055 Effective Sep 27, 2010Div. 1 · Part 2 · Ch. 1 · Art. 14.7

Statute text

In order to provide for the merger of the Seastrand Health Insurance Guaranty Association with and into the California Life Insurance Guaranty Association, the following shall apply:

(a)Notwithstanding the repeal of the California Life Insurance Guaranty Association Act and the Seastrand Health Insurance Guaranty Association Act, the Seastrand Health Insurance Guaranty Association shall, effective immediately prior to that repeal, be merged with and into the California Life Insurance Guaranty Association, which shall then be known as the California Life and Health Insurance Guarantee Association.

(b)Notwithstanding the repeal of the California Life Insurance Guaranty Association Act and the Seastrand Health Insurance Guaranty Association Act, but subject to the last sentence of this subdivision, all of the following shall apply:

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Legislative history

Amended by Stats. 2010, Ch. 334, Sec. 6. (SB 1408) Effective September 27, 2010.