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Marginalia
Code · California · Health and Safety Code

§ 123205

59 words·~1 min read·/ca/health-and-safety-code/123205

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The director shall enter into contracts pursuant to subdivision
(a)of Section 123185 only with insurers that meet all of the following criteria, as determined by the director:
(a)The insurer shall be actuarially sound.
(b)The insurer shall be fully self-supported by its policy premiums or charges and investments.
(c)The insurer shall use advertising that is accurate.
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