§ 12802
71 words·~1 min read·
/ca/revenue-and-taxation-code/12802A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner shall give at least 10 days’ notice in writing to each insurer of the time and place of a hearing to show cause why its certificate of authority shall not be revoked. Upon hearing, the commissioner shall revoke the certificate of authority of each insurer which does not establish to his satisfaction at or before the hearing that the tax, interest, and penalties due from it have been paid.