§ 4032
59 words·~1 min read·
/ca/insurance-code/4032A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner shall disapprove any such contract if he finds that it:
(a)Subjects the insurer to excessive charges; or
(b)Is to extend for an unreasonable length of time; or
(c)Does not contain fair and adequate standards of performance; or
(d)Contains other inequitable provisions or provisions which impair the proper interests of policyholders of the insurer.