§ 9011
47 words·~1 min read·
/ca/insurance-code/9011A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The cancellation may be accomplished only by complying with all of the following requirements:
(a)Surrender of policy for cancellation.
(b)Giving ten days’ notice in writing to the secretary of the reinsurer.
(c)Payment of the member’s share of all claims that exist against the reinsurer.