California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE |
Chapter 3. Regulation of Business of Workers’ Compensation Insurance |
ARTICLE 3. Rating and Other Organizations |
Section 11754.3.
Latest version.
-
In addition to other penalties provided in this code the commissioner may suspend or revoke the license of any rating organization or insurer which fails to comply within the time limited by such order or extension thereof which the commissioner may grant, with an order of the commissioner lawfully made by him pursuant to Section 11754.1 and effective pursuant to Section 11754.5.
(Added by Stats. 1951, Ch. 1123.)