California Insurance Code
§ 739.3
INS § 739.3 Effective Jan 1, 2016Div. 1 · Part 2 · Ch. 1 · Art. 4.1
Statute text
View on leginfo.ca.gov(a)“Company Action Level Event” means any of the following events:
(1)The filing of an RBC Report by an insurer that indicates any of the following:
(A)The insurer’s Total Adjusted Capital is greater than or equal to its Regulatory Action Level RBC but less than its Company Action Level RBC.
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Legislative history
Amended by Stats. 2015, Ch. 348, Sec. 3. (AB 1515) Effective January 1, 2016.