§ 10509.943
94 words·~1 min read·
/ca/insurance-code/10509-943A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)This article applies to an in-force policy, annuity contract, or retained asset account, a policy or annuity contract effective on or after July 1, 2020, and a policy that has lapsed on or after January 1, 2019, if the insurer has not engaged in asymmetric conduct.
(b)This article applies to a policy, annuity contract, or retained asset account described in subdivision
(a)if one of the following applies:
(1)The insurer is domiciled in this state.
(2)The policy, annuity contract, or retained asset account was issued or delivered in this state.