§ 717.1
58 words·~1 min read·
/ca/insurance-code/717-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where the applicant is a wholly owned domestic subsidiary of an admitted domestic insurer the commissioner shall issue a certificate of authority to such applicant within 180 days of application unless the commissioner shall have made a finding that the applicant is substantially deficient in respect to one or more of the items set forth in Section 717.