California Insurance Code

§ 1077.6

INS § 1077.6Div. 1 · Part 2 · Ch. 1 · Art. 15.5

Statute text

Nothing contained in this article shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under this article against the insurer.

Legislative history

Added by Stats. 1991, Ch. 986, Sec. 8.