The purpose of these regulations is to set forth the standards that the commissioner may use for identifying insurers found to be in such condition which may render the continuance of their business hazardous to their policyholders, creditors or the general public.
These regulations shall not be interpreted to limit the powers granted the commissioner by any laws or parts of laws of this state, nor shall this regulation be interpreted to supersede any laws or parts of laws of this state.
Cal. Code Regs. Tit. 10, § 2598.1
2. Editorial correction renumbering article 22 to article 23 (Register 2014, No. 3).
Note: Authority cited: Sections 720, 700(c) and 717, Insurance Code. Reference: Sections 700(c), 923.5, 925.3 and 12920, Insurance Code.
2. Editorial correction renumbering article 22 to article 23 (Register 2014, No. 3).