California Insurance Code

§ 742.35

INS § 742.35 Effective Jan 1, 1995Div. 1 · Part 2 · Ch. 1 · Art. 4.7

Statute text

The department may conduct an examination of the financial condition of a self-funded or partially self-funded multiple employer welfare arrangement, and if it determines that the multiple employer welfare arrangement’s financial condition does not comply with the requirements of this article, the department may apply any remedies authorized by this code.

Legislative history

Added by Stats. 1994, Ch. 1082, Sec. 1. Effective January 1, 1995.