§ 985.5
57 words·~1 min read·
/ca/insurance-code/985-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the case of the insolvency of an admitted insurer, the commissioner shall prepare a report, which shall be a public record, with respect to the causes and factors which contributed to that insolvency. The report shall be submitted to the Governor and to the Legislature no later than one year from the date of the insolvency.