California Insurance Code

§ 742.39

INS § 742.39 Effective Jan 1, 2018Div. 1 · Part 2 · Ch. 1 · Art. 4.7

Statute text

The commissioner shall require the payment of five thousand two hundred twenty-nine dollars ($5,229), in advance, as a fee for filing an application for each certificate of compliance. Notwithstanding Section 742.36, each holder of a certificate of compliance of indefinite term shall owe and pay an annual fee of four hundred twenty-four dollars ($424), in advance, on account of the certificate until final expiration. In addition, each holder of a certificate of compliance of indefinite term shall owe and pay an annual fee of four hundred twenty dollars ($420) for filing of financial information. These fees shall be for annual periods commencing on July 1 of each year and ending on June 30 of each year, and shall be due on each March 1 and be delinquent on and after April 1.

Legislative history

Amended by Stats. 2017, Ch. 534, Sec. 9. (AB 1699) Effective January 1, 2018.